SFX Entertainment Imploding Into Near-Certain Bankruptcy
It’s been a short party for SFX Entertainment, a company big on spending and short on practicality. According to paperwork now surfacing, the ill-conceived EDM play is now preparing the details for bankruptcy. That includes a filing with the Securities & Exchange Commission (SEC), which confirms the hiring of financial advisory firm FTI Consulting to retain a ‘Chief Restructuring Officer’ for SFX.Also in the government filing, SFX Entertainment confirmed
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