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Apple close to buying headphone maker Beats Electronics: FT

REUTERS
REUTERS
THURSDAY, MAY 8, 2014 10:29 PM GMT

(Reuters) - Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported.

The purchase of Beats, which also runs a streaming music service, would be the company's largest ever acquisition, the newspaper reported. It said the deal could be announced as early as next week. (http://r.reuters.com/cap77v)

(Reporting by Sweta Singh; Editing by Rodney Joyce)


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