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Entravision Communications Corporation Completes Sale of Outdoor Advertising Operations From: prnewswire.com
Tagged: EntravisionPosted on: May 19th, 2008
Entravision Communications Corporation (NYSE: EVC) announced today that it completed the sale of its outdoor advertising operations to Lamar Advertising Company on May 16, 2008 for $100 million in cash. Entravision’s Chairman and Chief Executive Officer, Walter F. Ulloa, said, “The proceeds from the sale of our outdoor division will strengthen our balance sheet, improve our financial flexibility and reinforce our ability to execute on our strategic plan to the benefit of our shareholders.”"*
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Filed Under: Business, Business News, Marketing & Advertising, Press Releases
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