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Wednesday, May 28, 2014

Apple-Beats/Janick

THE APPLE DOESN'T FALL FAR: Here are two huge pieces of news in bite-sized form. The$3 billion Apple-Beats deal is official as this afternoon—and set to close in September (Apple's fiscal Q4), subject to regulatory approval; see our story about that here. With Jimmy Iovine and Dr. Dre headed to join the tech giant as part of the deal, John Janick will succeed him as Chairman/CEO of IGA; that story's here. Stay tuned for updates. (5/28p)

 
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