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SFX Entertainment prices upsized IPO at $13, high end of the range
By: Renaissance Capital
SFX Entertainment, the largest producer of electronic music-focused live events and content, raised $260 million by offering 20 million shares (20% more than the 16.7 million originally planned) at $13, the high end of the range of $11 to $13. SFX Entertainment plans to list on the NASDAQ under the symbol SFXE. UBS Investment Bank, Jefferies & Co. and Deutsche Bank acted as lead managers on the deal.