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Beats Buying Up Music Service MOG

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Beats Electronics, the headset manufacturer founded by rapper Dr. Dre and now majority owned by HTC, has reportedly bought online music service MOG though the deal is not final, according to a new report from AllThingsD. We confirmed yesterday that HTC had swapped term sheets with MOG in the last couple of weeks, after Business Insider first reported the rumored acquisition. Now, it looks like the acquisition is a go, though it is Beats doing the acquiring, not HTC.