Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of SFX Entertainment, Inc. Stockholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP 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 Robert F.X. Sillerman, the Company’s Chairman and Chief Executive Officer, where he will acquire all the outstanding common stock of SFX he does not already own. Mr. Sillerman owns approximately 37.4 percent of the outstanding common stock of SFX Entertainment. Pursuant to the terms of the definitive merger agreement, SFX shareholders will receive $5.25 in cash for each share of SFX common stock they own.

The investigation concerns whether the SFX Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a SFX stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [e-mail], or telephone at [phone], or toll free at [phone], or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.