NEW YORK, Feb. 26, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SFX Entertainment Inc. ("SFX" or the "Company") (NASDAQ: SFXE) (ISIN: US7841783035) (CUSIP: 784178303) concerning the proposed acquisition of SFX by Robert F.X. Sillerman, Chief Executive Officer and Executive Chairman of the Board of Directors of SFX.

SFX shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.

The investigation concerns whether the SFX directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the proposed acquisition, SFX shareholders will receive $4.75 per share in cash for each share of common stock not owned by Mr. Sillerman. However, the Company's stock price closed above $7.00 five months ago, and at least one analyst recently set a price target for SFX of $12.00 per share.

Pomerantz LLP, with offices in New York, Chicago, Florida, and San Diego, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz LLP pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz LLP continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.

CONTACT:
Robert Willoughby
Pomerantz LLP
212-661-1100 ext. 237
rswilloughby@pomlaw.com

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SOURCE Pomerantz LLP