The last few weeks have seen a flurry of high-priced, high-profile acquisitions. Months after Comcast announced a $45 billion buyout of Time Warner Cable, Apple, Google, and AT&T have reached into their coffers and thrown billions at everything from a satellite service provider to a video game-streaming platform.
But while Comcast and AT&T’s acquisitions of cable and satellite providers make perfect sense for their business models — and much to the detriment of their customers — no buyout produced more furrowed brows than Apple’s $3.2 billion purchase of Beats Electronics.
