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CKX Amends Sale

By KEN MacFADYEN

June 2, 2008

After nearly a year since the original offer, Nasdaq-listed CKX Inc. reached a new deal with 19X Inc. resulting in a management buyout valued at $12 a share. The agreement represents a discount to the previous transaction with 19X, inked last June, which had valued the company as high as $13.75 a share, or $1.3 billion, but was subject to adjustment based on the company's stock price.

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