s listed sources may not be reliable . please help this article by looking for better more reliable sources . unreliable citations may be challenged or deleted . july 2014 learn how and when to remove this template message lamar advertising company traded as nasdaq lamr industry real estate investment trust advertising founded 1902 headquarters baton rouge louisiana key people kevin p. reilly sr. retired ceo kevin reilly jr. president and chairman of the board and sean reilly ceo products outdoor advertising website http www.lamar.com lamar advertising is an outdoor advertising company which operates billboards logo signs and transit displays in the u.s canada and puerto rico . 1 the company was founded in 1902 by charles w. lamar and j.m. coe and is headquartered in baton rouge louisiana . 2 the company has over 200 locations in the united states canada and puerto rico . they have reportedly more than 325 000 displays across the usa . 3 lamar advertising company became a real estate investment trust in 2014 . 4 history edit lamar advertising company was founded in 1902 by j.m. coe and charles w. lamar . the company became independent under its current name in 1908 in pensacola florida when charles w. lamar sr. and j.m. coe decided to dissolve their three year partnership using a coin toss to divide their assets . the pensacola opera house and the pensacola advertising company that was created to promote it were to be divided between the two men . charles w. lamar lost the toss and was left with the less lucrative poster company which he renamed the lamar outdoor advertising company . 5 the pensacola opera house was destroyed during hurricane four of the 1917 atlantic hurricane season with the saenger theatre later built on the site . 6 in january 2016 lamar purchased advertising rights in 5 major u.s. city markets from clear channel outdoors for 458.5 million . 7 references edit lamar advertising company lamr . wikinvest . wiki analysis . retrieved 16 july 2014 . lamar advertising company history . funding universe . funding universe . retrieved 2 july 2014 . our company . lamar.com . lamar advertising company 2014 annual report sec form 10 k . lamar advertising company . reference for business encyclopedia for business 2nd ed . reference for business encyclopedia for business 2nd ed . retrieved 16 july 2014 . http www.pensapedia.com wiki pensacola opera house https www.businessreport.com article lamar advertising pays clear channel 458 5m 5500 billboards entrance five major us markets external links edit louisiana portal companies portal official website retrieved from https en.wikipedia.org w index.php title lamar advertising company & oldid 740329131 categories advertising agencies of the united statescompanies based in baton rouge louisianacompanies listed on nasdaqoutdoor advertising agenciesreal estate investment trusts of the united stateshidden categories articles lacking reliable references from july 2014all articles lacking reliable referencespages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran aissimple english edit links this page was last modified on 20 september 2016 at 11 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view