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-0.00036429872495452 -0.00036429872495452 0.00145719489981782 0.00182149362477221 0.00255009107468112 0.00400728597449907 0.00364298724954455 0.00255009107468112
Stock impact report

BCE's Bell Media Acquires OUTFRONT's Canada-Based Business [Yahoo! Finance]

OUTFRONT Media Inc. (OUT) 
Last outfront media inc. earnings: 2/25 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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. The sale of its Canada-based business is anticipated to provide additional financial flexibility to OUTFRONT Media by deleveraging its balance sheet. The initiative will not only allow it to decrease its financial leverage but also to concentrate exclusively on its operations within the United States, added OUT. For Bell Media, this acquisition is likely to further reinforce its position in the out-of-home sector. With an expanded national portfolio encompassing digital and traditional out-of-home assets, it aims to deliver better outcomes for its advertising partners, added Bell Media. Bell Media, a subsidiary of BCE, is in charge of managing the most popular media brands, including CTV Show less Read more
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