Apple Closes Beats Deal
Apple Inc. officially celebrated its acquisition of Beats Electronics and Beats Music last Friday, indicating that it closed the 3 billion dollar deal for the company.
Apple released this statement on its website, “Today we are excited to officially welcome Beats Music and Beats Electronics to the Apple family. Music has always held a special place in our hearts, and we’re thrilled to join forces with a group of people who love it as much as we do. Beats cofounders Jimmy Iovine and Dr. Dre have created beautiful products that have helped millions of people deepen their connection to music. “