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flag MNTN sells its stake in Ryan Reynolds' production company, Maximum Effort, for $13.5 million.

flag MNTN, a CTV advertising company, plans to sell its stake in Ryan Reynolds' production company, Maximum Effort, to an affiliate of its original owner for $13.5 million. flag Despite the sale, Maximum Effort will continue to provide services to MNTN. flag The company, which focuses on small and medium businesses, saw a 28% revenue increase to $226 million in 2021 and aims to go public through an IPO.

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