Celebrities Attend The 63rd NBA All-Star Game 2014

Source: Kevin Mazur / Getty

Now we know why Diddy and Drake declared a truce … they decided peace can be highly profitable for both of them.

We found out the former enemies met at 1:00 AM Monday at Mel’s Drive-In in West Hollywood … just the two of them, and of course their bodyguards.

We’re told the chat was all about creating a joint venture with both of their names. They kicked around everything from clothing, to jewelry to cigars. They did not zero in on a product line but agreed that it would be mutually beneficial for them to partner … click here for more details.

Written by LBeasley (Lauren Beasley), Digital Producer of The Morning Heat and Sports Editor of Radio One Detroit

Keep up with the Morning Heat on Instagram and Twitter at @hiphopdetroit.

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