Latest Breaking News On - Square the company - Page 1 : comparemela.com

Square, Inc. Announces Plans to Acquire Majority Ownership Stake in Tidal Friday, March 5, 2021 10:15AM IST (4:45AM GMT) In connection with the deal, Square plans to name Shawn “JAY-Z” Carter to Board of Directors   San Francisco, United States:   Square, Inc. (NYSE: SQ) announced today that it has entered into a definitive agreement to acquire a majority ownership stake in TIDAL, the global music and entertainment platform that brings fans and artists together through unique music, content, and experiences. Square expects to pay a mix of cash and stock of $297 million for a significant majority ownership stake, and existing artist shareholders will be the remaining stakeholders. TIDAL will operate independently within Square, alongside the Seller and Cash App ecosystems.

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