Friday, May 9, 2014

Report: Apple Eyes Beats Electronics In $3.2 Billion Deal

Consumer electronics and computer giant Apple is in talks to acquire Los Angeles-based Beats Electronics, according to multiple reports Thursday evening, which would value Beats at around $3.2 billion. Citing multiple sources, the reports said the deal would include both Beats Electronics' headphone business as well as its newly launched streaming music services, Beats Music.

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