Dr Dre’s Beats involved in Apple’s largest acquisition to date
The rapper known as ‘Dr Dre’ has with his business partner solidified relationships with Apple Corporation and will now be part of Apple’s largest acquistion to date; a $3 billion buy out of Beats Music and Beats electronics. The acquisition will include bringing on board the highly priced luxury audio devices as well as a streaming service that was introduced this year.
Both “Dr. Dre” and co-founder of Beats, James Iovine will become Apple music executives as part of the acquisition.
The deal included the LA office of Munger Tolles & Olsene; fielding partner Brett Rodda with associates Jesse Creed and Sarah Graham to oversee the deal.Source