SPEA - joining the Nasdaq!!
Sports Entertainment Enterprises, Inc. d/b/a CKX, Inc. Approved for Listing on NASDAQ National Market System; Company Will Trade under Ticker 'CKXE' Effective March 1, 2005
Business Editors / Sports Editors / Entertainment Editors
NEW YORK--(BUSINESS WIRE)--Feb. 28, 2005--
Sports Entertainment Enterprises, Inc. d/b/a CKX, Inc.
(OTCBB: SPEA) announced today that it has been approved for listing on
the NASDAQ National Market System (NMS). The Company will begin
trading on the NMS on March 1, 2005 under the ticker symbol "CKXE." To
celebrate the occasion, Robert F.X. Sillerman, the company's Chairman,
President and Chief Executive Officer will ring the opening bell that
morning.
"We are extremely excited to be listed on the NASDAQ National
Market," said Mr. Sillerman. "We believe this listing makes tremendous
sense, as NASDAQ is home to some of the most creative and innovative
companies in the world."
The Company is engaged in the ownership, development and
commercial utilization of entertainment content and plans to make
strategic acquisitions of, or partner or align with, individuals or
companies that control various forms of pre-existing content, whether
or not such content has been fully developed or all revenue streams
have been fully explored. The Company recently completed the
acquisition of an 85% interest in entities which own the name, image
and likeness of Elvis Presley and own or have the right to use and
benefit from assets and revenue streams associated with the Presley
name and assets.
The Company is presently conducting business under the name "CKX"
and intends to seek shareholder approval to change its name to "CKX,
Inc."