Coca Cola Buys 50 Cent's Glaceau for $4.1 Billion

May 26, 2007 01:59:58 GMT

50 Cent's Glaceau was acquired by the Coca-Cola Company by May 25th for $4.1 billion dollars.


50 Cent has his bank account increases now that Coca Cola has bought Glaceau, the makers of the popular brand Vitaminwater, for $4.1 billion in cash.

The rapper invested in Glaceau in 2004 and owns of the company, who in turn, put out the grape flavored water and called it "Formula 50."

With Coca Cola acquiring Glaceau by May 25th, 50 Cent stands to make a roughly $400 million, which is his of his ownership in the company. Glaceau, whereas, will operate as separate business unit within Coca-Cola North America (CCNA), allowing the company to continue to grow and marketplace, while taking advantage of Coca-Cola's marketing, management and distribution resources globally.

In the meantime, 50 Cent's upcoming album "Curtis" may be pushed back until September 4th.

© AceShowbiz.com




Post Your Comments

posted by NIGGA-SIM on Aug 24, 2010
I am an artist in sierra leone. I like 50 cent. Thank you.
posted by elias on May 14, 2010
quantos
posted by bikai on Jan 24, 2010
50 is really growing up to be the richest rapper so far..he is twice richer than jay z now

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