Apple/Beats Electronics Deal Might Not Finalize Until Next Week

While it was expected that Apple’s deal to acquire Beats Electronics would close sometime this week, it looks as if the negotiations may stretch into next week.

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More time for people to speculate about what it all means: Apple’s planned deal to buy Beats Electronics for $3.2 billion may not be finalized until next week, according to people familiar with the transaction…

As a part of the deal, Beats executives Dr. Dre and Jimmy Iovine are expected to take executive positions at Apple. A report this week said the duo may take the stage at Apple’s Worldwide Developers Conference in June.

Chris Hauk

Chris is a Senior Editor at Mactrast. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.