Link Media Outdoor Acquires Image Outdoor Assets

Adrian J Cotterill, Editor-in-Chief

Link Media Outdoor, a wholly owned subsidiary of Boston Omaha Corporation (NASDAQ: BOMN), has purchased the outdoor advertising assets of Image Outdoor Advertising, LLC, based in Summersville, WV.

Image Outdoor Advertising, LLC was founded in 1995 and operates 226 billboard faces on interstates and four lane highways throughout West Virginia.

Jim McLaughlin, President and CEO of Link said “The Image assets greatly enhance our West Virginia footprint, and allow Link to expand our service to advertisers and customers across the state. Mike Steadham did an excellent job building Image Outdoor, and Link is delighted to add these assets to our inventory.”

We understand that the majority of the purchase price was paid in cash, along with unregistered shares of Boston Omaha Corporation Class A common stock.

Link operates approximately 5,600 billboard advertising faces in Georgia, Alabama, Florida, Wisconsin, West Virginia, Virginia, Illinois, Iowa, Missouri, Nebraska and Kansas.

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