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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Aug. 17, 4:52 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. Co. and its subsidiaries design, integrate, and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens; and provide managed services. Co. conducts its operations via two key business segments: Cinema, which provides a range of products and services to the theatre exhibition industry from the design and installation of new theatre exhibition systems and related equipment to maintenance and monitoring of existing systems; and Digital Media, which delivers digital signage solutions and services to digital out-of-home and enterprise video markets.

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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: 
$1.26M
Total Market Capitalization: 
$42.00M
% of Market Cap. Held by ETFs: 
3.01%
 

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Quotes delayed 20 minutes



Strong Buy (4.00 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)
Based on Zacks ABR data;
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