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Stock Market & Financial Investment News

News Breaks
January 3, 2014
08:02 EDTLAMRFBR views IRS 'no rule' as non-event for Lamar Advertising
FBR Capital notes the IRS yesterday published a "no rule" list which included outdoor advertising displays on the list of "areas in which rulings or determination letters will not ordinarily be issued." The firm views the development as a non-event for Lamar and continues to believe the company is highly likely to qualify for REIT treatment. FBR has an Outperform rating on the stock.
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