Jay-Z has come out on the winning side of another lawsuit, financially that is. The rapper has officially sold his stake in the D’USSÉ Cognac brand for $750 million USD.
Jay-Z originally partnered with Bacardi to launch the brand in 2012. However, the rapper decided earlier this year that he wanted to be bought out by the company. This led to Jay-Z filing a multi-million lawsuit against Bacardi in which he claimed they were attempting to low-ball him by offering $500 million for his stake, while he claims it was worth at least $1. Read More...
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