CKX Announces Exercise of Warrants by Senior Executives.Robert F.X. Sillerman Robert F X Sillerman (born New York in 1949) is a wealthy American businessman who made his fortune through building and selling companies in the media industry. He was once on the Forbes 400 list. Biography Sillerman grew up in the Riverdale section of the Bronx. and Members of Senior Management Exercise Warrants to Acquire 3,238,824 Shares of Common Stock Resulting in Proceeds to CKX of $6,477,648 NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CKX, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CKXE), announced today that its Chairman and Chief Executive Officer, Robert F.X. Sillerman, together with other members of senior management, notified the Company of their intention to exercise outstanding warrants to acquire 3,238,824 shares of common stock for aggregate consideration of $6,477,648. Each participating member of senior management filed a Form 4 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the warrant exercise with the Securities and Exchange Commission today. The forms are available on the Company's website, www.ckx.com, and on the Securities and Exchange Commission's website, www.sec.gov. About CKX, Inc. CKX, Inc., a company controlled by Robert F.X. Sillerman and affiliates, is engaged in the ownership, development and commercial utilization of entertainment content. To date, the Company has focused on acquiring globally recognized entertainment content and related assets, including the rights to the name, image and likeness of Elvis Presley, the operations of Graceland, the rights to the name, image and likeness of Muhammad Ali Muhammad Ali, pasha of Egypt Muhammad Ali, 1769?–1849, pasha of Egypt after 1805. He was a common soldier who rose to leadership by his military skill and political acumen. and proprietary rights to the IDOLS television brand, including the American Idol American Idol is an annual American televised singing competition, which began its first season on June 11, 2002. Part of the Idol franchise, it originated from the British reality program Pop Idol. series in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and local adaptations of the IDOLS television show format which, collectively, air in over 100 countries around the world. CKX plans to continue to make strategic acquisitions of, or partner or align with, companies or individuals that control various forms of established entertainment content, which may include intellectual property rights in music, film, television programming, written works and characters, rights to names, images and likenesses, video games, corporate brands and other related assets. For more information about CKX, Inc., visit its corporate website at www.ckx.com. |
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