Outfront Media Inc. to Appoint Michael J. Dominguez as New Director to Board
April 16, 2020 at 10:51 am EDT
Outfront Media Inc. announced that affiliates of Providence Equity Partners LLC have agreed to lead the purchase of $400 million in newly issued convertible preferred stock together with funds managed by Ares Management Corporation. In connection with this transaction and subject to relevant approvals, The company expects to appoint Michael J. Dominguez, Managing Director at Providence, as a new director to board.