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Tuesday, April 11, 2006

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Ali sells himself

Muhammad Ali

Muhammad Ali has sold four-fifths of all of his licensing rights. CKX Inc. purchased the majority stake in Ali's name, image, and likeness for $50 million in cash. The deal pairs Ali with Elvis Presley, another iconic image and name owned by CKX. Jeff Tyler reports.

Muhammad Ali (Will Powers (c) Getty Images)

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