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50 Cent Nets $400 Million From A Coca-Cola Deal
May 29th, 2007 11:29am EDT Post a comment
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Rapper 50 Cent is going straight to the bank - he's reportedly received a massive $400 million pay check after The Coca-Cola Company bought the firm behind his energy drink Formula 50 last week . Drinks makers Glaceau, which produces the Vitamin Water range inspired by the Candy Shop star, was acquired by The Coca-Cola Company for $4.1 billion last Friday.
And as 50 Cent - real name Curtis Jackson - owns a 10 per cent share of Glaceau, he also made a huge profit from the takeover, according to AllHipHop.com.
As previously reported, the rapper will show off his classical skills in a new TV advertisement for the energy drink, when he conducts a symphony orchestra through a rendition of his breakthrough hit, In Da Club.
(This news article provided by World Entertainment News Network)
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