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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Dec. 7, 4:40 PM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #38. Ballantyne Strong, Inc. Convergent Media Systems

Acquirer: Ballantyne Strong, Inc. (AMEX:BTN)
Acquiree: Convergent Media Systems
Details: Ballantyne Strong, Inc. (NYSE MKT:BTN), a provider of digital equipment, screens and managed services as well as specialty lighting equipment, today announced the acquisition of Convergent Corporation and its wholly owned subsidiary, Convergent Media Systems, a leading player in digital signage and content creation and distribution systems. Convergent Corporation was a subsidiary of Sony Electronics Inc.

Ballantyne Strong is a holding company. Through its subsidiaries, Co. is focused on serving the cinema, retail, financial, advertising and government markets. Co. conducts its operations through three operating segments: Strong Cinema, which provides projection screens, technical support services and other related products to the cinema exhibition industry; Convergent, which delivers digital signage solutions and services to various enterprise markets, including retail, banking and healthcare, as well as certain government agencies and Digital-Out-Of-Home advertising network operators; and Strong Outdoor, which provides advertising services and experiential marketing services.

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Company Name: 
Ballantyne Strong, Inc.
Stock buyback: 
BTN buyback
Website: 
www.ballantynestrong.com
Sector: 
Electronic Equipment & Products
Number of ETFs Holding BTN: 
4
Total Market Value Held by ETFs: 
$952487
Total Market Capitalization: 
$38.00M
% of Market Cap. Held by ETFs: 
2.51%
 

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Quotes delayed 20 minutes



Strong Buy (4.00 out of 4)
51st percentile
(ranked higher than approx. 51% of all stocks covered)
Based on Zacks ABR data;
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