Dr Dre Joins Apple In $3bn Beats Aquisition

Dr Dre and recording impresario Jimmy Iovine have joined Apple after the finished $3bn acquistion of Beats Electronics.

The announcement comes almost three weeks after deal negotiations have been leaked to the media.

At $3bn(B.8bn), the deal for the headphone and streaming music firm is the costliest acquisition in Apple’s 38-yr historical past.

It consists of $P.6bn in money and $400m in Apple inventory that may vest over an unspecified time interval 10:08 pm – Source: orange.co.uk

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