Master P in Talks to Buy Reebok for $2.4 Billion
[ad_1] Master P is making billion-dollar moves. The No Limit Records mogul is reportedly in talks to buy Reebok. According to Forbes, Percy “Master P” Miller, along with former NBA All-Star Baron Davis, are looking to acquire the sportswear company from Adidas for an asking price of around $2.4 billion. Davis and Miller have plans to give the brand a new identity while investing in their community and opening doors for other minority entrepreneurs. This includes giving other smaller shoe companies opportunities for distribution. “As we focus on turning Reebok into a lifestyle brand not just a basketball brand, our most important initiative will be to put money back into the community...