Beats Secures $500M From Carlyle, Plans To Buy Out HTC

Beats Secures $500M From Carlyle, Plans To Buy Out HTC

Beats Electronics LLC, co-founded by Dr. Dre, is getting an injection of $500 million from The Carlyle Group and plans to buy back all of HTC’s ownership in Beats, a nearly 25 percent stake, for $265 million, the audio business announced Friday ...read more

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