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SFX Chairman Offers To Buy Company For $3.25 Per Share; Stock Skyrockets
Friday, October 16, 2015 - 10:51am | 464Shares of SFX Entertainment Inc (NASDAQ: SFXE) surged higher by nearly 30 percent Friday morning. The company's Chairman and CEO Robert Sillerman offered to acquire the remainder of the company he doesn't already own for up to $3.25 per share. The proposed transaction is subject...
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Albert Fried On SFX Entertainment Inc: Focus On The Fundamentals, Not Anonymous Bloggers
Wednesday, October 8, 2014 - 3:00pm | 334On Wednesday, an unnamed blogger on Seeking Alpha published a negative article claiming that SFX Entertainment Inc (NASDAQ: SFXE) has an over-levered balance sheet and heavy cash burn. In addition, the author claims that SFX Entertainment's equity is "worthless." Several hours...