BEATLES SONGS (NORTHERN SONGS)

Some time back, I read somehwere that Michael Jackson outbid both Yoko and Paul for the copyrights to all the Beatles music. Then I heard later, that Michael had to sell some of them off to pay attorney fees for the bad things in his life. Does anyone know for sure?

SIDENOTE: I know that Paul owns all the rights to all Buddy Holly's music. Pretty cool.