https://www.cnbc.com/2021/03/04/square-acquiring-a-majority-stake-in-jay-zs-tidal.html
- Square, Jack Dorsey's digital payments company, is acquiring a majority ownership stake in the music streaming service Tidal.
- The deal is expected to be a mix of cash and stock of $297 million.
- Jay-Z, who bought Tidal in 2015 for $56 million, will join Square's board of directors.
QuoteSquare, Jack Dorsey's digital payments company, is acquiring a majority ownership stake in the music streaming service Tidal, the company announced Thursday.
Square's stock was down about 2% in the premarket.
The deal is expected to be a mix of cash and stock of $297 million, and is expected to close in the second quarter of 2021. Existing artist shareholders will be the remaining stakeholders, Square said. Jay-Z, who bought Tidal in 2015 for $56 million, will join Square's board of directors.
Dorsey said Jay-Z will also "help lead our entire company, including Seller and the Cash App, as soon as the deal closes
that's a book for him
to buy it for 56 and sell it for nearly 300M
this news of him selling led me to believe that the platform may be struggling so he's getting out while he can still make a coin from the sale of it
so I did a quick google search and
https://finance.yahoo.com/news/five-years-jay-z-tidal-121547328.html
Kings using his noggin
according to my research!
not "Tidal struggling to make waves"
d
d
d
x
x
x
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Quote from: L0NZ. on March 04, 2021, 09:25:32 AM
according to my research!
mksmkskdmdmdmdmdmdkdkmdkdkdkrkdkrkrktkt
:butwait!:
TIDAL>>
fro, just say the word
:acquit:
Fm g fnnf gmgm
end these faggots . Sick of it
Quote from: L0NZ. on March 04, 2021, 09:25:32 AM
according to my research!
Mfnfjjfjfjfnf
tabulated the numbers!
oh wow, a rich person getting more rich.
woo.
(https://i.pinimg.com/originals/4a/32/32/4a3232fe3f51a05b32b87e79b8503be8.jpg)