Cappuchino

Cappuchino

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Jay-Z Wants Out of Bacardi/ D'Usse Deal

Jay-Z is ready to cut his partnership with Bacardi. Last week, we told you he was suing the company for not supplying him with the financial records over his D'Usse liquor. He has a 50/50 partnership with Barcadi over his cognac which was created in 2012. TMZ reports Jay is now trying to sell his stake. Jay's company, SC Liquor, exercised its right to a buyout about a year ago. Under their agreement, Bacardi now has to "negotiate in good faith" to come up with a fair price for Jay's stake in D'Ussé and Jay thinks they are lowballing him. Jay wants a judge to force Bacardi to open the books and everything else related to D'Usse because he believes Bacardi has even been mismanaging things with the intent of lowering profits. How much do you think he will sell for?

DJ Khaled Honored With Star On The Hollywood Walk Of Fame

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