Electronic music tycoon Robert F.X. Sillerman - the CEO of SFX Entertainment - has indicated that he’d like to take the company private, after proposing to buy all shares not already owned by him at $4.75 apiece.

The company raised $260 million ahead of its initial public offering in October 2013, with the company being valued at over $1 billion after 20 million shares were sold at $13 a share, around 70% more than today's asking price.

Under Sillerman’s proposal, ...