Apple in talks to buy Beats for $3.2B

May 09, 2014, 2:37 AM EDT
The Million Dollar Headphones by Beats by Dr. Dre & GRAFF Diamonds on January 31, 2014 in New York City.
AFP/Getty Images

Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports. The reports claim Apple could pay as much as $3.2bn (£1.9bn) and a deal could be announced next week. If completed, it will be Apple's biggest ever acquisition.
Background:
Apple 'in talks' to buy Beats for $3.2B [BBC]
Apple close to buying Beats for $3.2 billion: source [Reuters]

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