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Fascinating Fact:

6/17/2014

Apple bosses have confirmed reports suggesting they're set to buy Dr. Dre's headphones and music streaming company Beats Electronics for $3 billion. The acquisition will be Apple's largest ever. Dre and his business partner Jimmy Iovine will now join the Apple team to oversee their products. The new role has prompted music industry veteran Iovine to step down from his job as head of Interscope Records, the label he co-founded in 1989.

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