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Apple Paying $3.2B For Beats Electronics
Cupertino-based
Apple
looks to be paying approximately $3.2 billion for headphones maker and streaming music provider
Beats Electronics
, according to multiple reports--plus a leaked YouTube video from Dr. Dre. Details and confirmation of the deal have not yet been formally announced by the companies. Los Angeles-based Beats Electronics has two businesses, one in providing stylish headphones to music consumers, the other in a subscription, streaming music service.
posted on Friday, May 9, 2014
Related companies:
Apple Computer
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