Beats Buys Back 25 Percent of Stock from HTC
Beats has purchased 25 percent of its stock back from HTC, putting its Beats-owned shares at 75 percent; HTC remains the largest outside stockholder with a 25 percent stake in the company. The move has been described as a “realignment of [HTC and Beats'] business agreement” that will give Beats more opportunity for global expansion.
[Source: HTC]























