Apple close to buying headphone maker Beats Electronics - FT

Thu May 8, 2014 6:10pm EDT

May 8 (Reuters) - Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported.

The purchase of Beats, which also runs a streaming music service, would be the company's largest ever acquisition, the newspaper reported. It said the deal could be announced as early as next week. (r.reuters.com/cap77v) (Reporting by Sweta Singh; Editing by Rodney Joyce)