Wednesday, June 18, 2008

Damon Dash and Wife Rachel Roy Form $4 Billion Dollar Joint Venture With Jones Apparel

Boston based Jones Apparel Group has informed the world of finance & fashion that they have formed a joint venture with Dame Dash, wife Rachel Roy & TSM Capital LLC .

The deal is worth an estimated $4 billion, to develop, market & license Roy's self titled clothing line in which the aforementioned will obtain 50% interest in the venture while the latter threesome will split the remaining half of the mergers stake.

Yeah, the Ultimate Hustler...

Forbes.com

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