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Jay-Z claims Bacardi REJECTED $1.5BILLION buy out offer for his cognac brand D'Usse

A month after saying that Bacardi is trying to underpay him, Jay-Z has claimed that the alcohol brand has rejected a massive $1.5billion buy out offer for his cognac brand D'Usse.The 52-year-old mogul is currently in an ongoing legal war with the large, privately held spirits company based in Bermuda as he reportedly proposed a blockbuster settlement for his premium brand.According to legal documents obtained by TMZ on Thursday, Jay-Z was willing to spend $1.5billion to buy full ownership of D'Usse but was rejected by Bacardi. War: A month after saying that Bacardi is trying to underpay him , Jay-Z has claimed that the alcohol brand has rejected a massive $1.5billion buy out offer for his cognac brand D'Usse, the mogul is seen in New York back in AugustOne very interesting note is that months before his offer according to the publication is that Jay claimed to have exchanged valuations of the company and they were very far apart as Jay felt his half of D'Usse was worth $2.5billion while Bacardi thought it was only worth $460million.
dailymail.co.uk

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