BOC
- Boston Omaha Corporation
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Overview
Company Summary
Boston Omaha Corporation (BOC) is a publicly traded company that operates as a holding company with diverse business interests. BOC primarily focuses on three main areas of operation: outdoor advertising, insurance, and real estate.
1. Outdoor Advertising: BOC has a subsidiary called Link Media Holdings, which is primarily engaged in the outdoor advertising industry. Link Media Holdings owns and operates billboards and other outdoor advertising structures in various locations across the United States. They generate revenue by leasing advertising space to both national and local advertisers.
2. Insurance: Through its subsidiary, General Indemnity Group, BOC operates in the insurance sector. General Indemnity Group primarily writes surety and fidelity bonds. These types of insurance coverage provide financial protection to businesses and individuals against potential losses due to fraud, non-performance, or other contractual breaches.
3. Real Estate: BOC is also involved in real estate through its subsidiary Yellowstone Acquisition Company. Yellowstone Acquisition Company focuses on the acquisition, development, and management of properties, primarily in the residential real estate sector. They seek to acquire undervalued or distressed properties and enhance their value by improving or repositioning them for sale or rental income.
Additionally, BOC has interests in other sectors, such as broadband telecommunications services through its subsidiary Great Plains Communications, and auto dealerships through BOC Aviation. Although these areas may not be core to their business operations, they contribute to the overall diversity of their holdings.
In summary, Boston Omaha Corporation operates as a holding company with subsidiaries operating in the outdoor advertising, insurance, and real estate sectors. Through its various businesses, BOC aims to create value and generate profits for its shareholders.