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Fly News Breaks for July 27, 2015
SFXE
Jul 27, 2015 | 07:45 EDT
As noted earlier, Stifel downgraded SFX to Hold from Buy. The firm says it's very likely that the final bid for the company will come in below the previous $5.25 per share offer, given the company's continued operational weakness and the difficulty of financing that bid.
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