Master P and Baron Davis in Talks to Acquire Reebok
- Thread starter Cel 510 kid ados forever
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Captain Crunch
Veteran
Net sales of the Reebok brand worldwide 2006-2019 | Statista
Reebok generates about $2B in sales, I'm pretty sure P and BD don't have money to buy what is most likely a multi-billion dollar company.
If they actually "buy Reebok", its most likely a Jay-Z BK Nets "ownership". This isn't news
Reebok generates about $2B in sales, I'm pretty sure P and BD don't have money to buy what is most likely a multi-billion dollar company.
If they actually "buy Reebok", its most likely a Jay-Z BK Nets "ownership". This isn't news
Silver Surfer
Veteran
What they not mentioning is who are the primary buyers they are hitching a ride with
Silver Surfer
Veteran
This is like when Jay "bought" the Nets
Nah, you can finance a purchase like this over 10yrs. Then you just reup the profits against the loan.Net sales of the Reebok brand worldwide 2006-2019 | Statista
Reebok generates about $2B in sales, I'm pretty sure P and BD don't have money to buy what is most likely a multi-billion dollar company.
If they actually "buy Reebok", its most likely a Jay-Z BK Nets "ownership". This isn't news
Uber-rich people rarely buy these type of assets in cash because, their cash typically earns higher immediate returns elsewhere(stocks, bonds, multifamily, etc). Also, More liquidity is never a bad thing.
depends on their interest and terms of the deal. either way, owning a stake as seemingly small as 3-5% of a company like reebok would be significant.
MajesticLion
Veteran
Say whatever after you close the deal, not before 
I remember that.
King
The black man is always targeted.
I would like to know this too. I know Master P is one for the theatrics but he’s making it seem like this is a full black venture. It’s also not a good look to openly state that - probably ran into some resistance and is looking to get a press push. Like what Diddy tried to do when he tried to buy that NFL team he couldn’t afford.
But yeah he’s most likely partnering with non-blacks to secure this deal. His net worth isn’t enough by itself to justify him making this move alone.
It really depends on the terms of the deal at the end of the day. Owning 3-5% of a company can come with serious restrictions for an unprepared buyer. And trust they will try to railroad any black man when it comes to corporate deals.
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Good. I already rock mostly reebok for my workout gear to begin with
richaveli83
Veteran
That would be dope if he can pull it off. Reebok's are ugly and never owned a pair in my life but if P can do it, I might support with a pair or two.
Edit- Just realized he wouldn't completely own it, probably just have a stake in the company.
Edit- Just realized he wouldn't completely own it, probably just have a stake in the company.
I remember reading reebok has been struggling. That being said id offer my support and shop there more if it happens