04-03-2021 18:04 via feeds.adweek.com

Square Buys Tidal for $297 Million

Financial services company Square is acquiring a majority stake in music streaming service Tidal. The deal will cost $297 million in stock and cash and is expected to close in the second quarter of 2021. An unexpected partnership "Why would a music streaming company and a financial services company join forces?," asked Square CEO Jack...
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