Beyonce has accused the company she is battling with over the rights to the name Blue Ivy of trying to sell it to her for $10million.
The singer and the wedding planning firm have been embroiled in a row over her attempt to trademark her daughter’s unusual moniker.
On Saturday The Blast reported that her legal team met Veronica Morales’ to try and settle the claim — but it became a ‘business proposal’ in which they offered to offload the company in return for them dropping the lawsuit.
Bey’s lawyers claimed that during the meeting, Morales’ counsel ‘gave a long speech’ about treating the opposition as an ‘opportunity for a business relationship rather than an adversarial proceeding.’
They claimed Morales put together a Power Point presentation to show why Beyoncé should acquire her wedding planning business Blue Ivy Events — and her ‘Blue Ivy’ trademark as a bundle deal — and then they could combine forces and ‘begin producing products and goods,’ according to the site.
Beyonce’s team refused; and now want Morales and her lawyers to turn over all evidence of the sales pitch — including the Power Point presentation — to prove that the entire trademark battle has just been a money grab.
Blue Ivy Carter, whom beyonce shares with Jay Z, is now six years old.