What Do Lloyd Blankfein, J.Lo and Elvis Have in Common?

by Derek Loosvelt | May 10, 2011

  • My Vault

If you guessed "they can all hold a tune in the key of E," then you're wrong (unless, that is, there's something we don't know about the king of Goldman Sachs).

But if you said "private equity giant Apollo Global Management and its $509 million acquisition of CKX" -- the owner of "American Idol" and "So You Think You Can Dance" as well as other assets such as Graceland and Elvis Presley's name and image -- then you're right, because Lloyd and the boys and gals at Goldman not only provided the financing for but also advised (along with Gleacher & Company) CKX on the deal.

Which Steven Tyler, Lopez's fellow "Idol" judge, called "so f---ing great!"

Apollo to Buy Out 'American Idol' Owner (DealBook)

Filed Under: Finance

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