Archive for December 25th, 2008

Elvis Parent Company Calls Off Plans To Go Private

by: admin December 25, 2008

The publicly traded company that owns 85 percent of Elvis Presley Enterprises has completely called off its attempt to go private.
The notice from CKX Inc. cites global economic difficulties and related credit freeze as the reason it isnt pursuing a merger with 19X Inc. that had been planned for earlier this year.
The merger was to [...]