 Lake Barrington, Illinois--Newsfile Corp. - December 11, 2019 - CTI Industries Corporation NASDAQ: CTIB CTI or the Company today announced that the Company has entered into a non-binding letter of intent to sell the capital stock of its Mexican subsidiary, Flexo Universal S.A. de R.L de C.V. Flexo, to investors including management of Flexo.The transaction is subject to the approval of the Companys lender and other financing contingencies. Sale proceeds would be used primarily ... 