SFX is offering all of the shares, which will begin trading on NASDAQ under the symbol SFXE.
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UBS Securities LLC, Jefferies LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers. Stifel, Nicolaus & Company, Incorporated and BTIG, LLC are acting as co-managers.
SFX, which is owned by Robert F.X. Sillerman, has acquired or invested in a number of national and international dance music-related companies after Sillerman announced last June that he would spend $1 billion in acquiring EDM entities.
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His buying spree has included: Disco Donnie Presents, Life in Color, and ID&T. In February, SFX also acquired Denver-based Beatport for $50 million. Additionally, the company also invested in Made Events; Australian event promoter Totem/OneLove; iMotion; May Day festivals; and an 80% stake in Miami nightclub operators MMG for $16.9 million.