Jay-Z Sells Club
According to reports, Jay-Z and his partners are selling their 40/40 Club in Las Vegas for an undisclosed amount. The rapper and his crew only opened the club in January of this year! That certainly didn’t last long. There was no reason given as to why they decided to sell the Vegas branch but Jay-Z did issue a statement about it saying “The sale is a great business decision; we are delighted. We look forward to expanding the brand even further to Chicago and Tokyo.” I think it’s just his indirect way of saying that the Vegas branch sucked big time and it was best for him to just make some money off a sale than shell out more to keep it in business.
This entry was posted on Wednesday, September 10th, 2008 at 6:07 am .You can follow any responses to this entry through the RSS 2.0 feed.