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SFX ENTERTAINMENT INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Bid to Go PrivateFormer United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of SFX Entertainment Inc. ("SFX") (NasdaqGS: SFXE) concerning the bid from Chief Executive Officer and Chairman, Robert F.X. Sillerman, to acquire the outstanding shares he does not already own. Under the terms of the agreement, SFX shareholders will only receive $4.75 in cash for each share owned, which is significantly lower than the 52-week high. Additionally, SFX tock closed above the offer price as recently as November 13, 2014 and over $9.00 within the last year. If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at [email protected], or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at [email protected]. There is no cost or fee to you. The investigation centers on whether SFX's Board of Directors and Mr. Sillerman are acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters. Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
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