Report: Apple nearing $3.2 billion deal to buy Beats Electronics' popular line of headphones

  • by: MICHAEL LIEDTKE , Associated Press
  • Updated: May 9, 2014 - 1:05 AM

SAN FRANCISCO — Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report.

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