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Robert Sillerman Takes SFX Entertainment Private After Raising Offer
SFX Entertainment an**unced on Tuesday, May 26 that it was officially going to be taken private by its Chairman and CEO Robert FX Sillerman. The deal would value the dance and electronic music giant at nearly $490 million after Sillerman raised his per share offer. According to a press release, Sillerman will purchase all remaining outstanding stock he did already own, 62.6 percent, at $5.25 per share.
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