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NEW YORK/LOS ANGELES (Reuters) - Apple Computer Inc. is in talks to buy the world's largest record company, Universal Music Group, from Vivendi Universal, a source close to the matter said on Friday, in a deal that could transform the music industry.
The deal with Universal Music, believed to be worth as much as $6 billion, would also reinvent Apple. The personal computer maker, which is suffering from weak demand, would get a foothold in new markets for its PCs, software and the iPod digital music player, analysts said.
NEW YORK/LOS ANGELES (Reuters) - Apple Computer Inc. is in talks to buy the world's largest record company, Universal Music Group, from Vivendi Universal, a source close to the matter said on Friday, in a deal that could transform the music industry.
The deal with Universal Music, believed to be worth as much as $6 billion, would also reinvent Apple. The personal computer maker, which is suffering from weak demand, would get a foothold in new markets for its PCs, software and the iPod digital music player, analysts said.