December 08, 2009 :: Posted by - SoSly :: Category - News
Apple’s surprise purchase of music streaming service Lala last week has been given an unconfirmed price tag of about $80 million, placing a premium on the company.
Citing multiple sources, Peter Kafka of MediaMemo reported Monday that Apple’s acquisition price was less than half of what investors agreed to pay in 2008. However, it is more than the $35 million the company had raised, meaning some — but not all — could see a return on their investment in the company.
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