Saturday, May 17, 2014

Apple and Beats Purchase Finishes Next Week

Beats creators, Dr. Dre and Jimmy Iovine, will take on senior roles if this deal of $3.2 billion goes through. Re/code has provided the following statement on the deal.

"Apple’s planned deal to buy Beats Electronics for $3.2 billion may not be finalized until next week, according to people familiar with the transaction. That’s a longer timetable than some people expected as recently as a few days ago."
- Re/code

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