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SFX Entertainment Provides Update on Going Private Transaction

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NEW YORK--(BUSINESS WIRE)--SFX Entertainment, Inc. (NASDAQ:SFXE) (the “Company”) today announced that its special committee of independent directors has delivered notice to Robert F.X. Sillerman (“Sillerman”), the Company’s Chairman and Chief Executive Officer, that he and his affiliates are required by 10:00 a.m. (EDT) on August 13, 2015 to deliver to the special committee fully executed commitment letters describing the terms and conditions for the financing of 100% of the aggregate amount of

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