[Reuters] Apple close to buying Beats for $3.2 billion: source

Posted by: UGN Security

[Reuters] Apple close to buying Beats for $3.2 billion: source - 05/09/14 04:47 PM

SAN FRANCISCO (Reuters) - Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.