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Scholars Corner: Bacardi Settles with Jay-Z for $750 Million

Earn Your Leisure

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Bacardi Settling With Jay Z for $750 Million

Jay Z wanted to see the books on a deal with Duce. He potentially wanted to sell his 50% stake in the company. The problem is the valuation was so low based on what Bacardi was saying, he says. "I will not be surprised if that brand in four or five years is in worth 12 or 13 billion dollars"

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