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Fundamental Global - Ballantyne Strong Announces Intention to Pursue an IPO of its Strong Entertainment Business Segment

Fundamental Global - Ballantyne Strong Announces Intention to Pursue an IPO of its Strong Entertainment Business Segment

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 Ballantyne Strong, Inc. (NYSE American: BTN) 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. Ballantyne Strong will continue to consolidate Strong Entertainment's financial performance for financial reporting purposes.

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