SFX directors set deadline for Sillerman deal

James Hanley

SFX Entertainment's special committee of independent directors has delivered notice to CEO Robert F.X. Sillerman over his plans to take the company private again.

EDM tycoon Sillerman and his affiliates are required by 10am (EDT) on August 13 to deliver fully executed commitment letters describing the terms and conditions for the financing of 100% of the aggregate amount of the cash merger consideration to be paid to stockholders, upon completion of the deal. 

The company and an affiliate of Sillerman ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.


If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...