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Apple to buy Beats Headphones for $3 billion

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business Grand Forks,

Grand Forks ND 2220 South Washington

Apple is reportedly on the verge of making its biggest purchase ever. According to Financial Times, the company is in talks to buy headphone maker Beats Electronics for $3.2 billion.

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Beats was founded by rapper Dr. Dre and music executive Jimmy Lovine. It also has a music streaming service. If the deal goes through it would make Dr. Dre the first hip-hop billionaire.

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