SFX Entertainment valued at $1.1bn in IPO filing - report

RHIAN JONES

Robert Sillerman's EDM dance promotions company SFX Entertainment has reportedly been valued at $1.1 billion.

The figure comes from details filed yesterday with the Securities and Exchange Commission regarding its initial public stock offering, according to Billboard.

The plan calls for the company to raise $200 million by offering 16.7 million shares at a price range of $11 to $13.

Founded in 2011, SFX is owned by Robert F.X. Sillerman and has acquired or invested in a number of national ...

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