Apple Agrees to Buy Beats for $3 Billion

Wall Street JournalApple Agrees to Buy Beats for $3 BillionWall Street JournalApple said Wednesday it would pay $2.6 billion in cash and $400 million in equity for Beats Electronics LLC, bringing Beats headphones, streaming service, and founders Jimmy Iovine and Dr. Dre into the company. WSJ's Scott Thurm reports. (Photo: AP).