Great elm group sells a majority interest in forest investments, inc. to an affiliate of jpmorgan chase & co.

The sale of a majority of its ownership interest in forest investments, inc. is expected to ultimately raise approximately $45 million of cash on great elm group's balance sheet, enhancing its ability to focus exclusively on investment management. the sale of a majority of its ownership interest in forest investments, inc. is expected to ultimately raise approximately $45 million of cash on great elm group's balance sheet, enhancing its ability to focus exclusively on investment management.
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