JAY-Z BUYING HOT 97?

A  rep for Hot 97′s parent company, Emmis Communications put those rumors to rest, telling HipHopWired simply, “That story is false.”

Guess that means Flex is free to continue on his current anti-Hov tirade. During his first bomb-filled rant, he called Jay’s Life+Times website “trash” and accused him of stealing the idea for his Funk Flex app to launch his own Samsung app.

Then, things just got completely out of hand when Funk snapped over an ALL CAPS text that Jay allegedly sent him in response to the ranting