Ballantyne strong portfolio company greenfirst to acquire forest and paper products assets in ontario and quebec for $214 million

Charlotte, nc, april 12, 2021 (globe newswire) -- ballantyne strong, inc. (nyse american: btn) (the “company” or “ballantyne strong”) announced that portfolio company greenfirst forest products inc. (tsxv: gfp) (“greenfirst”) has entered into a binding asset purchase agreement pursuant to which a wholly-owned subsidiary of greenfirst has agreed to acquire a portfolio of forest and paper product assets from rayonier a.m. canada g.p. and rayonier a.m. canada industries inc., each a subsidiary of rayonier advanced materials inc.
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