SFX Ent. offers 7 mil new shares

$300 mil offering at $43.25 a share

SFX Entertainment, the New York-based producer and promoter on a buying bender, said Thursday that its $300 million equity offering was priced at $43.25 a share.

The 7 million new shares of the over-the-counter stock are being offered through a group of underwriters lead by Goldman, Sachs and Co. and Lehman Brothers.

SFX Entertainment said it expected the offering to close around May 27.

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