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The $5.50 per-share deal is expected to close within weeks after the private equity firm received commitments from shareholders owning more than 75 percent of CKx. NEW YORK - American Idol owner CKx Inc. said Thursday that private equity firm Apollo Global Management has successfully completed an initial tender offer for company shares for $5.50 per share in cash, leaving the acquisition on track to close within several weeks.

 Apollo has received commitments to sell stock from shareholders representing a stake of about 75.5 percent in the company in its tender offer, including stakes that largest shareholder and former chairman Robert Sillerman and affiliates are expected to contribute, CKx said. When the Sillerman stake and a stake held by Priscilla Presley are contributed, which is expected to happen later this month, the merger will be considered adopted. 

The initial offering period for the acquisition of stock by Apollo expired Wednesday at midnight EST.

 Now, Apollo i...

Viewers were in for a special treat during the finale of the music competition series "CMT’s Next Superstar." The final two contestants, Matt Mason and Steven Clawson, opened the show with a sing-off medley of songs by Johnny Cash and Elvis Presley! Hits covered by the singers included "Jailhouse Rock," "Trouble," "Walk The Line," "Ring Of Fire," and "Blue Suede Shoes." Watch their performances! At the end of the show, it was announced that Matt Mason had received the most votes from fans and he was crowned "CMT’s Next Superstar." In May, the final five contestants headed to Memphis for a special episode at Elvis Presley's Graceland! The contestants took part in a photo shoot on the mansion property. The images will be used as album covers for the singers' upcoming releases.

Elvis Presley - Young Man With The Big Beat Available Everywhere September 2011 This 55th anniversary 5-CD super deluxe set celebrates Elvis Presley's explosive 1956 RCA debut that changed the world of popular music forever! It befittingly takes its title from RCA's very first Elvis poster campaign for his legendary debut album ELVIS PRESLEY. THIS SUPER DELUXE EDITION CELEBRATES 1956 in style with this retro 12x12 format and includes: 5 CDs comprising all the 1956 RCA masters (digitally remastered,) Live performances including a previously unreleased live show, outtakes and rare interviews. 80 Page 12" x 12" book with 12-month day-by-day chronology, rare memorabilia, photos, artifacts and documents. Memorabilia envelope with reproductions of posters, ticket stubs & photos Exclusive item with your order: 7" vinyl of Elvis' very first RCA EP - RCA EPA 747  Source: Sony Music NYC

Steve Popovich & Steve Popovich Jr.  It is with deep sadness, we report the passing of Steve Popovich. The legendary music executive passed away at the young age of 68. Our condolences go to Steve Popovich Jr and his family. Steve Jr. produces Cowboy Jack Clement's SiriusXM show which is now in it's 7th year. Please keep Steve and the Popovich family in your thoughts & prayers. Steve Popovich, a veteran music-industry executive who ran Cleveland International Records and who was based here for much of his storied career, had numerous claims to fame. The biggest was his key role in one of the best-selling albums of all time, Meat Loaf’s “Bat Out of Hell.” Popovich died Wednesday morning at his apartment in Murfreesboro, Tenn. He was 68. The cause of death has not been determined, according to his son, Steve Popovich Jr. Popovich was a music-industry insider, but also a working-class maverick who worked outside the corporate system. He played a vital role in th...

If you're in Memphis this weekend, and looking for a GREAT Rockabilly show, head on down to Blues City Cafe on Beale St to see Brandon's Stunning Cunning Band perform. Blues City Cafe 138 Beale St Memphis, Tn 901-526-3637 www.bluescitycafe.com

Well, Presley has been manning the fort while I was on the west coast. Lots of interviews & news coming soon! Check back tomorrow for some REALLY cool stuff!