Not So Fast, Shareholders Tell Presley

WILMINGTON, DEL. (CN) - Shareholders claim directors of CKX Inc., including Priscilla Presley and controlling shareholder Robert F.X. Sillerman, are taking the company private in an illegal and chintzy buyout at $13.75 a share, plus shares of FX Luxury Realty, whose value is unknown. CKX owns rights to the names and images of Elvis Presley, Graceland and Muhammad Ali. See complaint.

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Email *

Submit