Confirmed: Apple acquires Beats for $2.6B and $400M in stock | Social Media and its influence | Scoop.it
After three weeks of rumors, it's finally official. Apple has acquired subscription streaming music service Beats Music, and headphone maker Beats Electronics.


In a press release, Apple said it acquired the company for approximately $2.6 billion in cash, plus $400 million in stock that will vest over time. 


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http://www.scoop.it/t/social-media-and-its-influence/?tag=acquisitions