SFX extends acquisitions bid deadline

Coral Williamson

SFX has updated its sales progress, extending the deadline for bids by a further two weeks.

The company's special committee of independent directors, with the agreement of chairman and CEO Robert F.X. Sillerman, have now set an initial bid deadline of of October 14, for third-parties to submit proposals to acquire either the entirety of SFX, or assets "not central to the company’s core business".

Yesterday, Music Week reported that SFX was exploring a fire sale of its assets, according to ...

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