WSJ.com: US Business
Apple Paying Just Under $500 Million for Streaming Service
Updated May 30, 2014 12:51 a.m. ET
Apple Inc. is paying slightly less than $500 million for the Beats Music streaming service, and more than $2.5 billion for Beats Electronics in its $3 billion deal, according to people familiar with the matter.
The breakdown between the two portions of Beats Electronics LLC offers insight into Apple's thinking for the most expensive acquisition in its history.
A person familiar with Beats said its 2013 sales totaled close to...
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