Beats a Hedge for Apple in Biggest-Ever $3B Deal

Beats a Hedge for Apple in Biggest-Ever $3B Deal Play

May 29 (Bloomberg) -- Apple agreed to buy Beats Electronics for $3 billion, its biggest-ever acquisition, nabbing a popular line of headphones and a nascent subscription music-streaming service as the iPhone maker seeks to rev up growth. Jon Erlichman reports on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

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