Apple Finalizes Beats Deal After Paying Vivendi $404 Million

Apple has cleared all of the major hurdles necessary to officially announce the $3 billion acquisition of Beats. Apple disclosed its intention to buy Beats in May, but it still required approval from U.S. regulators and the European Union. The European Union approved of the deal three days ago and Vivendi, the France-based media and telecommunications company, issued a press release today saying that Apple purchased its stake in Beats for $404 million. Once U.S. regulators give Apple and ...