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Mediatakeout.com is reporting that gossips claiming that Curtis "50 Cent" Jackson is set to make $400 million off the sale of Vitamin Water to Coca Cola are full of it.
In an exclusive interview, an investment banker familiar with the proposed Energy Brands acquisition says "50 Cent has a licensing agreement with Energy Brands which pays him a set fee and gives him a percentage of the sales from Formula 50. He does not own a significant interest in the company ... The 10% number you hear is pure fiction." [0]
Mediatakeout.com is reporting that gossips claiming that Curtis "50 Cent" Jackson is set to make $400 million off the sale of Vitamin Water to Coca Cola are full of it.
In an exclusive interview, an investment banker familiar with the proposed Energy Brands acquisition says "50 Cent has a licensing agreement with Energy Brands which pays him a set fee and gives him a percentage of the sales from Formula 50. He does not own a significant interest in the company ... The 10% number you hear is pure fiction."