NEW YORK, Feb. 27, 2015 /PRNewswire-USNewswire/ -- Morgan & Morgan, P.C. announces that it is investigating potential claims against the board of directors of SFX Entertainment Inc. ("SFX" or the "Company") (NasdaqGS: SFXE) concerning possible breaches of fiduciary duty and other violations of law related to the buyout of the Company by Robert F.X. Sillerman, Chief Executive Officer and Executive Chairman of the Board of Directors of SFX.
Under the terms of the proposed transaction, shareholders of SFX would receive $4.75 in cash for each share of SFX they own.
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