Apple’s Beats deal is happening this week, but for a cheaper price

[Guest Chris Smith]

Apple is expected to announce its Beats acquisition this week, the New York Post has learned, and the iPhone maker will apparently acquire Dr. Dre’s company for less than initially expected. Apparently leaks in the press – not related to Dre’s acknowledgement of the deal recorded on video – convinced Apple lawyers to re-evaluate the purchase, and offer Beats “just” $3 billion, down $200 million from the previous offer.

 

Continue reading...

 

 

Via BRG - Boy Genius Report