Apple Computer Inc. is in discussions about buying Universal Music Group, the world’s largest record company, for as much as $6 billion, according to a published report Friday. Talks between Apple and Vivendi Universal, Universal Music Group’s parent company, have been held secretly for months, the Los Angeles Times reported.
Apple may offer $5 billion to $6 billion for the music company before Vivendi’s April 29 board meeting, the newspaper said, citing sources it did not identify.
When reached by the newspaper, representatives for both Apple and Vivendi declined to comment about the possible deal. To read the full story from ABC News click
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