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SFX to Acquire B2S for $14.3M in Cash, 400K Shares of SFX Stock

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SFX Entertainment (NASDAQ: SFXE) announced today that it has agreed to acquire B2S Holding BV. B2S, which
specializes in hard electronic dance music, is one of the world's
leading electronic music culture (EMC) event organizers, and its
festival and live event brands include Decibel, Hard Bass, Thrillogy,
Knock Out, and Loudness.

SFX previously acquired 50 percent of B2S as part of its acquisition in
October of ID&T, which has produced events such as Sensation,
Mysteryland and Tomorrowland in Europe and around the world. Under the
agreement, SFX will purchase the remaining 50 percent

See full press release

Posted-In: News Guidance M&A Global

 

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