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 qu
estion...What's up with that?!
