Last year Jay Z filed a lawsuit against Barcardi claiming they were devaluing his D'ussé liquor brand when it was time to sell [click here if you missed that].
The matter has been settled and Jay is is nearly a billion dollars richer...
From Yahoo News
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.
Under the terms of this new agreement, Jay-Z will continue to be a part of the brand, and be close to another billion dollars richer than he already is.
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