Square to Acquire Majority Stake in Jay-Z's Tidal
  • 3 years ago
Square to Acquire Majority Stake in Jay-Z's Tidal .
Jack Dorsey made
the announcement
on March 4. .
The deal is expected to close in the
second quarter of 2021 and consist of a
$297 million mix of stock and cash.
Tidal's remaining stakeholders will continue
to be existing artist shareholders