CKX Gets Moore

As previously reported, Robert Sillerman’s company, CKX, has agreed to purchase management firm Morra, Brezner, Steinberg & Tenenbaum Entertainment for $10 million.

That breaks down to $1 million in cash and 700,000 restricted shares of CKX common stock.

MBST may also get about 150,000 restricted shares of common stock upon satisfaction of certain performance thresholds within a five-year period.