NextMedia pays $24.9M for outdoor displays
FORT COLLINS — NextMedia Group Inc. of Englewood has acquired the outdoor assets of Flack Outdoor Advertising Inc. for $24.9 million. Flack owns and operates more than 1,600 outdoor displays located primarily in the Northern Colorado, Wyoming and Missouri markets. Pending the close of all announced transactions, NextMedia will own and operate 55 radio stations in 13 markets and more than 5,600 bulletin and poster displays across the United States. The outdoor displays acquired from Flack will be the first owned by NextMedia in Colorado.