SFX Entertainment has extended its 'go shop' period in its deal with CEO Robert F. X. Sillerman.
That's the time frame that the company is allowed to solicit acquisition proposals from alternative purchasers, which is now extended to 5:01pm EDT on July 24, 2015.
Back in May, SFX signed a merger agreement that would see Sillerman acquire the 62.2% of outstanding common stock of SFX that he does not already own, effectively seeing the company go private.
Sillerman owns approximately 37.4% ...
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