Published 1 year ago

Jay-Z Strikes Deal With Bacardi to End Billion-Dollar Legal Battle Over Shared Cognac Brand

Summary by Ground News

Jay-Z and Bacardi have reached an agreement to end bitter litigation. Bacardi will take over a majority interest in the company. The rapper has spent the last year in a sprawling legal battle aimed at exiting the partnership. Earlier filings in the case suggested the privately-held company could be worth as much as $5 billion.

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Billboard

Jay-Z Strikes Deal With Bacardi to End Billion-Dollar Legal Battle Over Shared Cognac Brand

Jay-Z and Bacardi have reached a deal to end their fight over their billion-dollar cognac brand.

1 year ago·United States

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Complex

Jay-Z Closes Multibillion-Dollar Deal With Bacardi on His Stake in D’usse Following Legal Battle

The long-term agreement is billed as marking the launch of a new chapter for the D’USSÉ cognac brand, which had been at the center of a legal battle.

1 year ago

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REVOLT TV

JAY-Z and Bacardi officially end multibillion-dollar legal battle

JAY-Z and Bacardi officially end multibillion-dollar legal battle. "I am excited to renew this partnership with Bacardi," Hov said.

1 year ago

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AllHipHop

Jay-Z Puts Legal Battle With Bacardi To Rest; Agrees To New D’Usse Deal

Jay-Z ended his lawsuit against Bacardi by selling some of his stake in their D'Usse brand to the liquor company.

1 year ago

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KISS 104.1 FM

Jay-Z renews partnership with Bacardi following legal battle over D’USSÉ brand

Jay-Z and Bacardi have come to an agreement following their legal battle over the D'USSÉ brand. The entrepreneur will be renewing his partnership with Bacardi.

1 year ago

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