The annual meeting of stockholders of CKX, Inc. was held on December 18, 2009.
Slater and his boss, CKX Chief Executive Robert Sillerman, see a lot of untapped potential in Graceland.
The letter, which came from the Director of Intellectual Property for CKX, Inc.
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Other assets held by CKX include the rights to the name, image and likeness of Elvis Presley and Muhammad Ali.
Earlier this month, CKX's founder, chairman and chief executive Robert FX Sillerman resigned and said he was considering buying the company.
The Wall Street Journal said former Barclays Capital banker Roger Jenkins was one of the investors joining Mr Fuller in the CKX bid.
That's in addition to an Elvis hotel and casino that CKX, which owns shares in casino company Riviera Holdings, is developing on the Las Vegas strip.
According to our methodology this stock is cheap, and we do think there is as yet untapped value in all of the quality assets housed under the CKX umbrella.
Additionally, CKX holds 85% ownership in Elvis Presley Enterprises and an 80% ownership of Muhammad Ali Enterprises, both of which control nearly every business aspect of these two idolized Americans.
CKX, the New York-based entertainment company, which two years ago bought a controlling stake in Elvis Presley Enterprises (EPE) from the late entertainer's daughter Lisa Marie, is taking to hotels and casinos to jump-start the estate's annual revenues.
And modern technology, recently used to superimpose a crooning Elvis in a video duet with Celine Dion, could allow CKX to build a whole new war chest of intellectual properties that bring the old king into the modern world.
While it's easy to say that the avalanche of junk out there that's sold with an Elvis likeness tends to cheapen the brand image, it's still in CKX's interests to get that business for itself rather than watch it go underground.
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