Affiliate of Apollo Global Management Launches $5.50 Net Per Share Cash Tender Offer For All Outstanding Shares of CKx

Colonel Offeror Sub, LLC and CKx, Inc.

today announced that Offeror has commenced a tender offer to acquire all of the outstanding shares of common stock of CKx in accordance with the previously announced definitive merger agreement among CKx and acquisition entities owned by investment funds managed by affiliates of Apollo Global Management, LLC, a leading global alternative asset manager. Offeror is a wholly-owned subsidiary of affiliates of Apollo. The aggregate value of the proposed transaction is approximately $560 million.