Ballantyne Strong Completes Sale of Strong Outdoor to Firefly Systems; Increases Strategic Investment in Firefly to $13 Million
Charlotte, NC, Aug. 04, 2020 (GLOBE NEWSWIRE) – Ballantyne Strong, Inc. (NYSE American: BTN) (“Ballantyne Strong” or the “Company”), a holding company with diverse business activities focused on serving the entertainment, retail and advertising markets, today announced that it has completed the sale of its Strong Outdoor out-of-home advertising business to Firefly Systems Inc. (“Firefly”).