Boston Omaha completed the all-cash sale of its General Indemnity Group (GIG) business to CopperPoint Insurance Company on October 23, 2026. The transaction carries a gross purchase price of $84,308,757, yielding net proceeds of approximately $75.3 million after expenses and escrow adjustments. Additionally, Boston Omaha retained 2,673,831 shares of Sky Harbour common stock previously held by GIG's subsidiary and received a final cash dividend of $326,371 from prior asset sales. Proceeds will support the company's $30 million share repurchase plan or new investments. Boston Omaha is a public holding company engaged in outdoor advertising, broadband telecommunications services, and asset management.
