London
(ANI):
Ex-Spice
Girls
boss
Simon
Fuller
has
joined
hands
with
an
ex-Barclays
Capital
banker
to
buy
a
company
that
owns
the
rights
to
American
Idol.
Fuller
is
leading
a
group
of
investors
reported
to
be
offering
a
600-million-dollar
bid
to
acquire
the
company,
reports
the
BBC
news.
A
company
that
has
been
owned
by
Fuller
created
the
Idol
franchise
but
later
in
2005
was
sold
to
CKX
Inc.
American
Idol
has
run
for
nine
years
and
produced
celebs
including
Kelly
Clarkson,
Kris
Allen
and
Taylor
Hicks.
CKX's
founder,
chairman
and
chief
executive
Robert
FX
Sillerman
resigned
earlier
this
month
and
expressed
his
desire
to
buy
the
company
as
his
21pct
stake
makes
him
its
largest
shareholder.
Former
Barclays
Capital
banker
Roger
Jenkins
was
one
of
the
investors
joining
Fuller
in
the
CKX
bid,
said
The
Wall
Street
Journal.