&quot;American Idol&quot; owner agrees to CEO-led buyout
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CKX Inc. , the owner of  rights to the Elvis Presley and Muhammad Ali names and the  &quot;American Idol&quot; television show, said it would be taken private  in a $1.33 billion buyout led by its chief executive.
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Company hopes the $160 million purchase will make it a major player in the music market.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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Intelsat Ltd., the world's second-largest satellite operator, said on Monday it agreed to be bought by a consortium of four private equity firms for &#36;5 billion, including assumption of &#36;2 billion of debt.
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IMG, the sports and celebrity management group that represents such star names as Tiger Woods, Michael Schumacher and Elizabeth Hurley has been sold, it announced.
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International Management Group, a sports and celebrity management and marketing firm that has represented Tiger Woods, Joe Montana and Derek Jeter, is being sold to a New York buyout specialist firm in a cash deal valued at more than $700 million.
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Radio One Inc. chief executive Alfred Liggins III agreed last night to buy a controlling stake in radio personality Tom Joyner's media company for $56 million, furthering his attempt to turn the radio company his mother began out of a trailer 24 years ago into a diversified media group aimed at the black community.
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A US buyout firm said it has acquired a majority stake in Jimmy Choo Ltd., the British-based luxury shoe label, in a deal valued at 101 million pounds ($187 million).
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If you want American Idol exposure, you have to pay the   price.
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CEO Alfred Liggins III to buy a controlling stake in radio personality Tom Joyner's media company, furthering his attempt to turn the radio company into a diversified media group.-The Washington Post
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The New York Times reports this morning that a deal is imminent between Liberty Media chairman John Malone and News Corp. chairman and CEO Rupert Murdoch, in which Malone will acquire one of Murdoch's prize assets - satellite service provider DirecTV - in exchange for Malone's 19% voting stake, plus 15% non-voting stake, in News Corp.
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Hollinger International has reached a deal with its ousted chairman, Conrad Black, that would allow the media tycoon to share in the proceeds of the $1.
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Blake Lewis has reaped another "American Idol" reward &#151; a record deal.
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By Hayes Hickman, The Knoxville News-Sentinel, Tenn.  Jun. 15--The CEO of American Accessories International is asking  Knoxville City Council members to approve the $1.85 million buyout agreement  he's reached with Mayor Bill Haslam to make way for a new downtown transit  center.
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p2pnet.net News:- Elvis may have left the building, but 85% of it now belongs to Robert Sillerman. The founder of SFX Entertainment, now owned by Clear Channel, bought the controlling interest in Elvis Presley
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The top executive at Navistar  International Corp.  signaled on Friday that the  company, which has been struggling to get its finances in  order, was open to buyout offers.
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Viacom Inc.   said on Wednesday it has agreed a deal to sell its Famous Music Publishing unit to Sony/ATV Music Publishing.