Monday, July 23, 2012

HTC Sells Back 25% of Their Beats Audio Shares, No Longer Majority Shareholder

beats by dre htc e1343058122674 HTC Sells Back 25% of Their Beats Audio   Shares, No Longer Majority Shareholder

Well, that didn't last too long. Over the weekend, HTC posted that they have sold back 25% of their 51% stake in Beats Audio to the original owners. Long story short, any majority powers that HTC once held over the company are no longer there. But don't worry, this isn't the end of their relationship that began only back in August of last year. According to the release, HTC and Beats plan to have a large joint marketing