Elvis’ Marketing Rights Will Be Sold to JP Morgan (MOG)
In a weird twist of events, JP Morgan will soon be the majority owners of Elvis Presley's image, likeness and name, as a result of a corporate takeover. According to the Daily Telegraph , One Equity Partners, a division of JP Morgan, is in the process of buying CKX, who currently owns the rights to the Presley estate, including Graceland. The deal is rumored to be worth $500 million. If you are ...