Apple is in negotiations to buy Beats Electronics in a $3.2 billion deal, according to The Financial Times. The Bloomberg terminal just flashed a headline backing up the FT story. The deal could be announced next week, the report says. Beats makes a variety of audio products, including a line of pricey but popular headphones. It also recently launched a streaming music service similar to Spotify. The company was founded by rapper Dr. Dre and record producer Jimmy Iovine. If the report is true, t...
Apple Reportedly In Negotiations To Buy Audio Company Beats Electronics For $3.2 Billion (AAPL)
Business Insider - 8 May 2014 23:55
Apple is in negotiations to buy Beats Electronics in a $3.2 billion deal, according to The Financial Times. The Bloomberg terminal just flashed a headline backing up the FT story. The deal could be announced next week, the report says. Beats makes a variety of audio products, including a line of pricey but popular headphones. It also recently launched a streaming music service similar to Spotify. The company was founded by rapper Dr. Dre and record producer Jimmy Iovine. If the report is true, t...
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