LFP - Large-Format-Printing

CBS Outdoor Announces Agreement to Acquire Windsor Outdoor in Chicago

Thursday 19. June 2014 - CBS Outdoor Americas Inc. (NYSE:CBSO) announced today that it has signed a purchase agreement with Windsor Outdoor to acquire in excess of 35 billboard structures with over 70 display faces in the City of Chicago, Illinois and the surrounding metropolitan area. Closing is expected in the fall of 2014.

“We are very excited to announce this tuck-in acquisition of Windsor Outdoor billboards into our portfolio. We believe that the locations of these billboards along the main corridors into and around downtown Chicago and Chicago O’Hare Airport will be complementary to our existing displays in the area, and is consistent with our top-market focus,” said Jeremy Male, Chief Executive Officer of CBS Outdoor.