Report: Apple On Verge Of Buying Beats For $3.2b

Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report. Apple might be close to its first major acquisition, buying Beats by Dre.

Topics:  beats electronics   dr dre   jimmy iovine   apple   dre   beats   acquisition   
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