CDI's '14 Net Income Down 16% From '13 Carlyle Group Buying PrimeSport From Clearlake Puma Misses Q4 Earnings Estimates WWE Posts Big Revenue Gains In Q4 Stats LLC Acquires Automated Insights Under Armour Tops $3B In Revenue For First Time Disney's Cable Division Income Hurt By ESPN WWE's Stock Shoots Up After OTT Announcement WME-IMG Acquires eSports Agency FanDuel Quadruples Revenue Generated
Upcoming Conferences and Events
SFX ENTERTAINMENT ESTIMATES STOCK; IF FLEISHER SELLING FIRM?
Published May 22, 1998
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).