SFX Entertainment's special committee of independent directors has delivered notice to CEO Robert F.X. Sillerman over his plans to take the company private again.

EDM tycoon Sillerman and his affiliates are required by 10am (EDT) on August 13 to deliver fully executed commitment letters describing the terms and conditions for the financing of 100% of the aggregate amount of the cash merger consideration to be paid to stockholders, upon completion of the deal. 

The company and an affiliate of Sillerman ...