Complaint for breach of contract 10% of the salesprice paid for Pabst for its range of beer made frommalt of Colt 45, which was included in the entrepreneur of the year last beer Eugene Kashper andan investment firm's research.
Snoop Dogg has signed a three year contract in 2011.to approve beers flavored with fruits of the 45 Colt named Blast of Colt 45. The trial said his contract called for him to receive a portion of the sale price if Pabst has sold its Colt 45 operations before January 2016.
His contract also invited rapper to consult at least oncea year on how it could integrate Blast by Colt 45 in itsconcerts, interviews and messages on media socialmarketing team of Colt 45. Snoop Dogg has received adown payment of $250,000 and an additional $20,000 for each 10 ° beer mention social media, TV or a concert.
The contract also included the rapper receive a royaltyon each case of Colt 45 outbreak which was sold.
Pabst wrote in a statement that he had not beencontacted by Snoop Dogg or his representatives aboutthe product and the new s Corporation has quoted.
"We are studying the issue and would be happy to talk to Snoop or his representatives to try to get to the bottom of this," the statement said.
The lawsuit alleges that Pabst said the rapper thattriggers sell didn t the clause giving right to theproceeds of the sale.
Case for sale Pabst Kashper and based in SanFrancisco, consumer TSG Partners LLC was finalized inNovember. No purchase price was announced, but thecomplaint filed by counsel for the rapper, AlexWeingarten said that Pabst has been reportedly soldfor $700 million. It is not clear how the selling price isfor the Colt 45 beer line.
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