Although HTC and Beats are just shy of the one-year anniversary of their 300 million dollar partnership, it looks like the two are again growing apart. In a letter to shareholders today, it's been announced that the original owners of Beats plan to buy back 25 percent of its own shares, for a total ownership stake of 75 percent. That said, HTC will still retain nearly 25 percent of the remaining shares for itself, ensuring that it remains the largest external shareholder.
Engadget , Beats increases its share ownership to 75%, lets HTC keep majority stake, 'commercial exclusivity in mobile', Beats increases its share ownership to 75%, lets HTC keep majority stake, 'commercial exclusivity in mobile'
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