Minority Investor Coming For Penguins? First One Daytona Tenant Opens Maine Basketball Making Statement On HB2 NFL Taps Paul Clement To Argue Case Fox Rolling Out New Broadcast Elements Voke Producing VR NFL Highlights Sources: Chargers Expected To Move To L.A. In '17 Monster Energy To Title Top NASCAR Series LA 2024 Betting On Historic Sponsorship Sales S&E Sponsorship Group Acquired By Dentsu Aegis
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).