music · 17 December 2004 · 20 years ago
Elvis Presley's daughter Lisa Marie Presley agreed to sell 85% of his estate to businessman Robert Sillerman in a deal worth $100m. Sillerman would run Presley's Memphis home Graceland, and own Elvis' name and the rights to all revenue from his music and films. In the deal Lisa Marie would retain possession of Graceland and many of her father's personal effects.
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