Jay -Z Sells Controlling Stake in D'USSE' Cognac $750 Million

Jay-Z has settled his legal issue with Bacardi after selling his majority ownership in the D'USS' Cognac company for $750 M's! Jay initially sued Bacardi for lowballing him by giving $500 M's instead of $1.5 Billion. The settlement called for an affiliate to buy out Jay's 50 percent stake in the company. This would leave Bacardi with 75% of the rest of the business. Jay will still keep a major ownership position in SC Liquor LLC. "I am excited to renew our cooperation with Bacardi, it's a blessing." Are you still sipping D'UUSSE'? View the full story via Yahoo sports HERE.


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