CKXE Secondary Delayed By One Day
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We have heard the secondary pricing for CKX INC (NASDAQ: CKXE), which was expected tonight, has been delayed until Tuesday night. Traders have been eyeing the stock, which is down nearly $9 since the company announced the 15 million share offering, on talk the deal is in bad shape. Others suggest things may not be as bad as the street is expecting.
CKX, Inc. owns rights to the name, image and likeness of Elvis Presley, the operations of Graceland and proprietary rights to the IDOLS television brand, including the American Idol series.
CKX, Inc. owns rights to the name, image and likeness of Elvis Presley, the operations of Graceland and proprietary rights to the IDOLS television brand, including the American Idol series.
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