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After weeks of speculation and teases from Tyrese and Dr. Dre, it’s official! Apple Inc. has agreed to pay $3 billion to purchase Beats Electronics, the headphone and music-streaming service founded by iconic rapper/producer Dr. Dre and music executive Jimmy Iovine, Biz Journals reported.

The price is about $200 million lower than the number initially reported on May 8, but who’s counting?

CONGRATS DRE!!!

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