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Apple may buy Beats Electronics for $3.2 billion
short by Sai Santosh / on Friday, 9 May, 2014
Apple is close to buying headphone maker Beats Electronics for $3.2 billion and the deal could be announced as early as next week, the Financial Times reported. The purchase of Beats, which also runs a streaming music service, would be Apple's largest ever acquisition. The firm was founded by rapper Dr. Dre and producer Jimmy Iovine.
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