
SFX Entertainment cannot be stopped. After announcing its acquisition of React Presents, Clubtix, and West Loop Management only last week, the megacorporation has now revealed that it has also completed the purchase of the remaining 50 percent of B2S Holding BV. This means that SFX now owns a series of electronic music events specializing in hard dance music including Decibel, Hard Bass, Thrillogy, Knock Out, and Loudness.
SFX initially bought half of the company back in October at the same time that it purchased ID&T. Now, SFX has paid an additional $14.3 million in cash and issued 400,000 shares of common stock for the remaining 50%.