REFILE-UPDATE 2-Apple close to buying Beats for $3.2 bln -source

Newswire

(In 16th paragraph, corrects Apple CEO's last name to Cook instead of Cooks) By Nadia Damouni, Christina Farr and Nicola Leske SAN FRANCISCO, May 8 (Reuters) - Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker. Both companies are hashing out ...

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