SBD/22/Finance

Print All
  • SFX ENTERTAINMENT ESTIMATES STOCK; IF FLEISHER SELLING FIRM?

              NY-based SFX Entertainment said Thursday that its $300M
         equity offering was priced at $43.50 a share.  The seven
         million new shares of the over-the-counter stock are being
         offered through a group of underwriters led by Goldman,
         Sachs and Co. and Lehman Brothers.  SFX said it "expected"
         the offering to close around May 27 (DAILY VARIETY, 5/22).
              SELLING OUT? In N.Y., Peter Vecsey reports that
         "sources say" agent Eric Fleisher has followed David Falk
         and decided to "sell ($25M) his business to entertainment
         companies."  Falk received a reported $150M for selling his
         FAME agency to SFX Entertainment (N.Y. POST, 5/22). 
    
    

    Print | Tags: Clear Channel/SFX Sports, Finance
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug