Apple is reportedly negotiating the purchase of Beats for $3.2 billion, according to a new report from The Financial Times. The deal would include both the streaming Beats Music subscription service, as well as the part of the company that produces headphones and speakers. The move, which would be Apple’s largest acquisition ever, could be announced as soon as next week, the paper says. Citing sources, BloombergThe Wall Street Journal, and Recode also confirmed that the deal was nearing completion.

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