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Square Buying Majority Share In Tidal For $297 Million, Jay-Z Joins Square Board

Magnetic Magazine | March 4, 2021

Square has announced that it is taking a majority stake in Tidal. 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. A press release says that Tidal will operate in the Square …[#item_full_content]

Written by Magnetic Magazine

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