September 25, 2005 -- DAMON Dash is severing all ties with his former
partner and friend Jay-Z. Dash is selling his share of Rocawear back to
Jay-Z and other silent partners to the tune of almost $30 million. The duo
had split up Roc-a-Fella Records earlier this year after a falling out.
Insiders say Jay-Z, who is now president of Def Jam, initiated the split
because he felt Dash was using him to get publicity and not pulling his
weight. Dash is still working with Tiret watch company, the Damon Dash music
label, plus State Property and Rachel Roy clothing lines. A rep for Dash
didn't return calls.

Source: New York Post, Page 6