Which investment firm replaced HTC as a minority shareholder in Beats Electronics in 2013?
Goldman Sachs
Bain Capital
Carlyle Group
Blackstone Group
Answer
In 2013, investment firm Carlyle Group replaced HTC as a minority shareholder in Beats Electronics, alongside Dr. Dre and Jimmy Iovine. This change in ownership structure occurred before Apple's acquisition of the company in 2014.
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