Fast failing EDM promoter SFX Entertainment has retained an investment bank to restructure a debt load that many commentators believe has the electronic dance-music company teetering toward bankruptcy. Three-year-old SFX confirmed the hiring of debt advisory Moelis & Co. on Monday. Reuters initially reported the appointment.
http://nypost.com/2015/12/01/sfx-hopes-financial-firm-can-save-it-from-bankruptcy/
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