The rap superstars Jay-Z and Nas, who hurled bitter insults at each other in rhyme for years in one of rap's most prominent feuds, have reached a deal that would formalize their much-publicized recent truce and transform the two onetime foes into business partners, according to music industry executives involved in the arrangement.

The long-rumored deal sets the stage for Nas to join the artist roster of Def Jam Recordings, the rap label where Jay-Z became president last year in an unusual executive shuffle. But the two stars' personal cease-fire also evolved into an unconventional treaty of sorts between their competing record labels.
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