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What was sold? Did Lisa Marie Presley sell Graceland?

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What was sold? Did Lisa Marie Presley sell Graceland?

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Lisa Marie Presley did not sell Graceland Mansion and its original grounds, or her father’s personal effects – meaning costumes, wardrobe, awards, furniture, cars, etc. She maintains 100% permanent, sole ownership of all of this. The sale was an 85% share of the company Elvis Presley Enterprises, Inc., including its physical and intellectual properties. The new partnership is about growing the company and fueling the global Elvis phenomenon.

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