May 20, 2016 / 12:38 PM / a year ago

BRIEF-Ballantyne Strong acquires common shares of Kobex Capital

May 20 (Reuters) - Ballantyne Strong Inc

* As of may 19, 2016, it had acquired indirectly ownership of an aggregate of 5,489,500 common shares of kobex capital corp

* As a result of deal, co now, indirectly, beneficially owns and exercises control over about 12% of common shares of kobex

* Ballantyne strong paid c$.6565 per share for total consideration of c$3.6 million

* Ballantyne strong acquires common shares of kobex capital corp. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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