Beats, the maker of the high-end headphones that have become a status symbol, is finally ready to disclose that it is acquiring digital music service MOG, according to sources familiar with the deal.
The deal could be announced any day, the sources said. Financial terms weren't available.
CNET first reported that MOG was for sale in February and AllThingsD reported three weeks later that Beats was amid an acquisition of the service, which had been a back-of-the-pack subscription music service for years.
"There's nothing to confirm at this time," said a Beats spokeswoman. Representatives from MOG … Read more