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BCE's Bell Media Acquires OUTFRONT's Canada-Based Business
BCEBCE(BCE) ZACKS·2024-06-11 13:45

BCE Inc’s (BCE) subsidiary Bell Media recently announced the closure of a deal to buy OUTFRONT Media Inc.’s (OUT) Canada-based business for C$410 million in cash, with adjustments to the purchase price as necessary.New York-based OUT is a renowned player in the out-of-home advertising landscape. Using billboard and transit displays, the company provides advertising structures and sites to diverse industries across the 25 largest markets in the United States and 150 markets in the United States and Canada.Th ...