ACH can be a credit or a debit and interacts with a checking or savings account. It is an inexpensive mechanism for moving funds between financial institutions. In low volume it costs the originating bank $0.035 per transaction, in high volume (>1k per file) the cost is $0.025 per transaction.
The Carlyle investment valued the company at $2 billion which meant Dre and Jimmy's stakes were worth $500 million each. Apple Buys Beats By Dre: As we mentioned above, on May 28th, Apple finally confirmed rumors that it will be acquiring Beats By Dre for $3 billion. At that price, Dr. Dre and Jimmy Iovine's 25% stakes would be worth $750 million a piece before taxes.
Dr. Dre Wife and Dating History. Dr. Dre is a rapper, music producer and business mogul who has been in the public eye for more than two decades. Even if you know all his songs by heart, there are still things you may not know about this celebrity.