SFX Entertainment CEO Robert FX Sillerman has withdrawn his bid to buy the company and take it private.

That's according to a filing with the US Securities and Exchange Commission, which ends a long saga for the live entertainment company.

SFX's Q3 2015 financial results earlier this month showed a company on the decline, with revenue down 7% year-on-year. For the three months ending September 30, $4 million in lost revenue was down to the cancellation of several events.

Sillerman ...