Harwood Feffer LLP Announces Investigation of SFX Entertainment, Inc.

May 26, 2015, 16:00 ET from Harwood Feffer LLP

NEW YORK, May 26, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of SFX Entertainment, Inc. ("SFX" or the "Company") (NASDAQ: SFXE) concerning the proposed acquisition of the Company by an affiliate of its Chairman and Chief Executive Officer, Robert F.X. Sillerman ("Sillerman").

Under the terms of the transaction, Sillerman would acquire SFX for approximately $744 million.  SFX shareholders would receive $5.25 per share in cash.  According to Yahoo Finance, at least one analyst has set a price target for SFX stock of $7 per share. 

Our investigation concerns whether the SFX board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own SFX shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq. Robert I. Harwood, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: bsachsmichaels@hfesq.com Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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