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HomeBankingSquare Inc.: Announces Plans To Acquire Majority Ownership Stake In TIDAL

Square Inc.: Announces Plans To Acquire Majority Ownership Stake In TIDAL

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  • Square, Inc. builds tools to empower businesses and individuals to participate in the economy
  • TIDAL an artist-led global music and entertainment platform brings artists and fans closer together through unique original content
  • Square expects to pay a mix of cash and stock of $297 million for a significant majority ownership stake
  • TIDAL operate independently within Square, alongside the Seller and Cash App ecosystems
  • The acquisition extends Square’s purpose of economic empowerment to a new vertical: musicians
  • Together, TIDAL and Square music-obsessed and artist-focused while explore new artist tools

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