Headphone manufacturer Beats by Dre is looking to buy back the stake in the company held by HTC as it seeks a new partner willing to put some fresh cash in the business; only a couple of months ago, market conditions forced the company to discard a $700 million debt offering that seemingly was a win-win for the company and its owners...
Source: http://www.phonearena.com/news/Beats-by-Dre-seeks-to-buy-back-HTCs-25-stake-in-the-company_id46530
Source: http://www.phonearena.com/news/Beats-by-Dre-seeks-to-buy-back-HTCs-25-stake-in-the-company_id46530