Thursday, April 13, 2006

Are you freakin' kiddin' me?!

CKX buys Muhammed Ali's commercial name and likeness rights for $50,000,000, and not only does the price of the company drop on Wall Street, but they don't even get 100% of the rights.

Ali is still holding a 20% interest in himself. At least he should be able to maintain dignified commercialization that way, but how the hell does buying the Greatest of All Time rights, and naming a subsidiary company after him, encourage people to sell your stock?

I have but one question...

What's up with that?!

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