MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Nov 2, 2026--
Adams Outdoor Advertising today announced the acquisition of billboard assets from Haynes Sign Company and Invest Outdoor LTD, expanding its presence across the Myrtle Beach and Grand Strand region of South Carolina with the addition of 115 billboard faces, including 11 digital displays.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261102300310/en/
"This acquisition enhances our ability to serve one of the most visited and recognizable coastal corridors in the Southeast," said Kevin Jones, Chief Executive Officer of Adams Outdoor Advertising. "From the beaches of the Grand Strand to the coastal communities of the Carolinas, this market attracts millions of travelers while supporting a strong local economy. Together with our existing presence across North and South Carolina, we're positioned to help brands engage consumers wherever they live, work and travel."
With the addition of these assets, Adams will operate nearly 3,000 advertising faces across South Carolina, including 120 digital displays, providing advertisers with expanded scale, flexibility and market coverage.
The acquisition further strengthens one of the Carolinas' largest and most comprehensive coastal out-of-home advertising networks, giving advertisers the ability to execute coordinated campaigns across key beach, tourism and growth markets through a single partner. Located between Adams' existing operations in eastern North Carolina, Florence and Charleston, the Myrtle Beach market further enhances the company's ability to deliver integrated, multi-market campaigns that reach consumers throughout the region.
As businesses increasingly look for efficient ways to build awareness across multiple markets, the acquisition provides advertisers with greater opportunities to connect with consumers along one of the Southeast's most active travel and commerce corridors.
Williamson & Associates served as broker for the sellers in the transaction.
The acquisition reflects Adams Outdoor Advertising's continued investment in high-growth markets across the Southeast and its strategy of building stronger regional networks that deliver greater reach, efficiency and flexibility for advertisers.
About Adams Outdoor Advertising
Adams Outdoor Advertising is the nation's fourth-largest out-of-home advertising company. A recognized industry leader, Adams delivers high-impact, creative campaigns across 14 states through a premium portfolio of more than 12,000 static and digital advertising faces. With a focus on innovation and strategic growth, Adams connects brands with the audiences that matter most. For more information, visit adamsoutdoor.com.
Adams Outdoor Advertising has added 115 billboard faces, including 11 digital displays, across the Myrtle Beach and Grand Strand region of South Carolina. The new inventory gives advertisers more ways to reach the millions of travelers and residents along one of the Southeast's most visited coastal corridors.
U.S. futures are rebounding from a major market sell-off Friday with a boost from sharply declining oil prices on hopes for progress in diplomatic efforts between the U.S. and Iran.
Futures for the S&P 500 advanced 0.5% Monday, while those for the Dow Jones Industrial Average rose 0.6%. Nasdaq futures rose 0.8%.
U.S. stocks fell Friday in their worst day since June as investors dumped artificial intelligence and tech stocks. There is growing concern that the massive investments in AI will not pay off, at least not fast enough.
Apple will report its latest earnings results after the bell Monday along with Palantir Technologies. Advanced Micro Devices will report its quarterly results on Tuesday.
Last week, earnings reports from Google parent Alphabet Inc. and Amazon rattled markets and raised fresh questions over whether their massive AI-related spending.
Shares of both Marvell and Lumentum are falling after the announcement of an all-stock deal for Lumentum worth about $115 billion, including debt. Marvell, despite the aggressive pullback in AI stocks last week, believes the investment is still warranted.
Markets appear less certain. Marvell slid more than 1% before the opening bell and Lumentum fell almost 3%.
Oil prices dropped Monday, with Brent crude, the international standard, down 4.2% to $108.68 per barrel. Still, that’s much higher than the roughly $65 that a barrel of crude was selling for at this time last year.
Benchmark U.S. crude fell 4.2%, to $99.74 a barrel, compared with $61 per barrel at this time last February.
Iran’s top diplomat said in an interview shared on his Telegram channel over the weekend that Iranian negotiators were in Qatar for talks on a proposal that could reopen the Strait of Hormuz within two days if the U.S. meets several conditions. However, he said no direct talks were being held with the U.S.
The final outcome of the diplomatic efforts to avoid a return to all-out war depends on answers provided by the United States to the “Iranian questions,” he said.
Wall Street is also waiting for the outcome of Tuesday’s U.S. midterm elections. Voters across the political spectrum have shown increasing concerns about AI and data centers, along with inflation and other key issues.
There is critical U.S. economic data arriving Friday when the government issues its October jobs report. In September, U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up to a still-low 4.2%.
In equities trading, shares of both Marvell and Lumentum are falling after an all-stock deal for Lumentum worth about $115 billion, including debt. Marvell, despite an aggressive pullback in AI stocks last week, believes the investment environment is still active.
Markets appear less certain. Marvell slid more than 1% before the opening bell and Lumentum fell almost 3%.
In Europe, Britain's FTSE 100 gained 0.1% to 10,736.14 on Monday. Germany's DAX climbed 0.1% to 25,847.97, while the CAC 40 in Paris added 0.2% to 7,988.21. Asian markets were mostly higher.
The U.S. dollar rose to 157.91 Japanese yen from 157.49 yen. The euro was trading at $1.1211, up from $1.1160.
FILE - Trader Michael Capolino, left, and Specialist Thomas McArdle work on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew, file)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Monday, Nov. 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Monday, Nov. 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Monday, Nov. 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei and New York Dow indexes at a securities firm, Monday, Nov. 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Monday, Nov. 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
