Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Underwriters in Class A Common Stock Offering for Lamar Advertising Company

Date: 05/01/18

Cahill represented J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and SunTrust Robinson Humphrey, Inc. as underwriters in connection with their entering into an equity distribution agreement with Lamar Advertising Company whereby the underwriters may offer and sell shares of Lamar Advertising Company’s Class A Common Stock, par valued at $0.001 per share, having an aggregate offering price of up to $400,000,000 from time to time through the underwriters as sales agents. Under the terms of the program, Lamar Advertising Agency may also sell shares of their Class A common stock to any sales agent as principal for its own account at a price agreed upon at the time of the sale. Funds raised from the equity distribution agreement will be used for general corporate purposes.

Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com