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Lamar will pay 2 million to 2.3 million of its Class A shares for Advantage Outdoor, and it will assume as much as $79 million of Advantage Outdoor debt.
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The upgrades include an entertainment room and an outdoor cooking center, and the debt against the home has risen to $400,000.
It also owns the outdoor chain Cotswold Outdoors and acquired the fashion retailer All Saints for a token £1 in 2011 after it took on its £100m-plus debt.
But if you put $150 a month against your debt (and assuming you don't buy any more outdoor decor), you'd be square in a year and three months and drop almost $250 to interest payments.
The two-story home she created for them, which cost $495,000 to build, owes a debt to the traditional Southern dogtrot, a design with a covered outdoor hallway.
Outdoor friends?
Outdoor seating.
Outdoor performances.
Outdoor Survival.
Outdoor setting.
Seasonal outdoor seating.
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