Ballantyne strong announces intention to pursue an ipo of its strong entertainment business segment

charlotte, nc, july 29, 2021 (globe newswire) --  ballantyne strong, inc. (nyse american: btn) (“ballantyne strong” or the “company”), today announced that its board of directors has approved the pursuit of an initial public offering (ipo) of its strong entertainment business segment (“strong entertainment”) through the offering of securities of ballantyne strong's newly-created, wholly-owned subsidiary, strong entertainment, inc. for financial reporting purposes, ballantyne strong will continue to consolidate strong entertainment in its financial results.
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