It’s Official Apple Buys Beats For $3 Billy!
The ink has now dried and the rumour mills can now stop churning! It's official, Apple has said on Wednesday that it is buying Beats Electronics LLC for $3 Billion. The deal will pay $2.6 Billion in cash and $400 Million in equity for Beats Music, the subscription music streaming business and Beats Electronics. Co-founders Dr. Dre and Jimmy Iovine will join Apple and Beats will retain it's brand. Still, […]
