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SPO Partners stake in Lamar Advertising up to 14.9%
By Lisa Kerner
Charlotte, N.C., March 24 - Investors led by SPO Partners II, LP increased their ownership stake in Lamar Advertising Co. to 14.9% from 11.6% with the purchase of additional shares of the company's stock between March 18 and March 20, according to a schedule 13D/A filing with the Securities and Exchange Commission.
SPO now owns 11,654,569 shares of the Baton Rouge, La., outdoor advertising company.
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