Sep 26, 2013
SFX Announces Terms For IPO

EDM’s newest financial power player, Robert Sillerman, and his NY-based holdings company SFX Entertainment announced terms for their IPO yesterday, going public with the company that now controls a majority stake in Beatport, ID&T, and more in the EDM world. reports that SFX plans to make $200 million by offering 16.7 million shares at between $11 and $13 each, placing their potential fully diluted market value somewhere around $1.1 billion.

SFX will be listed on the NASDAQ as the symbol “SFXE.” Read more here.

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