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Jay-Z Sells His Controlling Stake in D’usse Cognac, Ending His Legal Dispute With Bacardi.
After months of legal back and forth and general contention, Jay-Z and Bacardi have come to
a resolution regarding the rapper’s D’ussé Cognac brand—
The drinks company will buy a majority stake reportedly worth about $750 million
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Very good move, considering the law suit started because they were being shady binding the true Worth n value of the company.
They partnered and they were hiding the true worth. So they had it valued under 100 million so now we see they are exposed.
How could it only be worth 100 mil but you paid his 750 for 21% stake in his controlling shares? https://static.xx.fbcdn.net/images/emoji.php/v9/t34/1/16/1f914.png https://static.xx.fbcdn.net/images/emoji.php/v9/tef/1/16/1f4ad.png
JayZ is a smart shrewd businessman!!