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The Grass Roots - Senator C

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Apple 'Closing In' On Dr. Dre's Beats For $3.2 Billion

Could “Beats By Dre” soon be “Beats By Apple”? That’s what Matthew Garrahan and Tim Bradshaw of the Financial Times are reporting: Apple is “closing in” on what would be its largest ever acquisition, a potential $3.2 billion purchase of Beats Electronics. Beats is primarily known as the popular high-end headphone maker founded in 2008 by rapper-turned-businessman Dr. Dre and music producer Jimmy Iovine. The company also operates a new streaming music service.