Robert F.X. Sillerman News
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Leon Black ’s Apollo Global Management LLC agreed to buy CKX Inc. , owner of the “American Idol” television show, for about $509 million in cash.
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CKX Inc., the owner of “American Idol,” said Robert F.X. Sillerman resigned as chairman and chief executive officer to pursue a possible acquisition of the company.
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Robert F.X. Sillerman , the former chief executive officer of CKX Inc. , said he is preparing a cash offer of $5.50 to $5.75 a share for a controlling stake in the owner of the “American Idol” television show.
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Robert F.X. Sillerman, chief executive officer of CKX Inc. and owner of the “American Idol” brand, was sued by an investor in a failed development on the Las Vegas Strip who accused him of “self dealing.” William Huff’s Huff Alternative Fund LP, the second-largest investor in Sillerman’s FX Real Estate and Entertainment Inc., filed the lawsuit yesterday in New York State Supreme Court in Manhattan against both Sillerman and FX Real Estate.
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Robert F.X. Sillerman , the former chief executive officer of CKX Inc. , is seeking to increase his stock holdings in the owner of “American Idol” through private purchases or a public tender offer.
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CKX Inc. , the owner of “American Idol,” said there may soon be discussions about founder Robert F.X. Sillerman’s possible plan to take the entertainment company private.
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CKX Inc. , the owner of “American Idol,” adopted a shareholder rights plans that may prevent company founder Robert F.X. Sillerman and another potential investor from acquiring a majority stake.
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The trial of Jerome Kerviel, beginning more than two years after Societe Generale SA accused him of losing 4.9 billion euros ($5.8 billion) on unauthorized market bets, may turn on whether the trader can show the bank knew what he was doing.
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CKX Inc. , owner of the “American Idol” television show, said it ended discussions to sell the company or a controlling stake, seven months after the talks were first acknowledged.
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CKX Inc. , the owner of “American Idol,” confirmed that it received an acquisition proposal today from an investor group led by Simon Fuller , the founder of 19 Entertainment and creator of the “Idol” TV series.
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