Posts Tagged ‘jack-dorsey’

Jay Z sells majority of TIDAL Twitter & Square Inc founder Jack Dorsey for $297 Million dollars

POSTED ON Mar 04, 2021

Financial technology company Square, Inc. said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z. Under the deal, Square will pay $297 million in cash and stock for Tidal, Jay-Z will be named to Square’s board of directors, and he and other artists who currently own shares in Tidal will remain stakeholders.

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