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Stock Market & Financial Investment News

News Breaks
March 3, 2014
08:07 EDTSFXESFX Entertainment completes purchase of B2S
SFX Entertainment announced that it has completed the acquisition of the remaining 50% of B2S Holding, which specializes in hard electronic dance music. SFX now owns 100% of the company. SFX paid B2S $14.3M in cash and issued 400K shares of SFX common stock at closing. SFX had initially acquired 50% of B2S as part of its acquisition in October 2013 of ID&T, which has produced events such as Sensation, Mysteryland and Tomorrowland in Europe and around the world and TomorrowWorld in the U.S.
News For SFXE From The Last 14 Days
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January 23, 2015
08:02 EDTSFXESFX Entertainment names Greg Consiglio as president and COO
SFX Entertainment (SFXE) named Greg Consiglio as President and COO of the company. Consiglio, who holds the same titles at Viggle (VGGL) will retain those positions as well. In addition to Consiglio, there were several other changes announced: Kevin Arrix joins SFX as EVP, and Chief Revenue Officer. He holds the same position at Viggle and will continue to do so. Tim Crowhurst will move from SFXs President to SFXs President and Head of Strategic Development. Ritty van Straalen will move from SFXs COO to SFXs President and CEO of Live Entertainment. According to the three-year agreement between SFX and Viggle, the combined sales organization will sell all inventory for both companies. The immediate access to the highly successful Viggle sales organization will give SFX a turnkey sales solution, while combining efforts and inventory with SFX will give Viggle access to a broader client list offering the potential to qualify for many previously unavailable sales opportunities.

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