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Square, Inc. Announces Plans to Acquire Majority Ownership Stake in Tidal


Square, Inc. Announces Plans to Acquire Majority Ownership Stake in Tidal
Friday, March 5, 2021 10:15AM IST (4:45AM GMT)
In connection with the deal, Square plans to name Shawn “JAY-Z” Carter to Board of Directors
 
San Francisco, United States:
 
Square, Inc. (NYSE: SQ) announced today that it has entered into a definitive agreement to acquire a majority ownership stake in TIDAL, the global music and entertainment platform that brings fans and artists together through unique music, content, and experiences. 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. TIDAL will operate independently within Square, alongside the Seller and Cash App ecosystems. ....

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Subversive Capital Acquisition Corp. Closes The Largest Cannabis SPAC In History And Announces The Launch Of The Parent Company With Shawn "JAY-Z" Carter, Roc Nation, Caliva, And Left Coast Ventures


Subversive Capital Acquisition Corp. Closes The Largest Cannabis SPAC In History And Announces The Launch Of The Parent Company With Shawn JAY-Z Carter, Roc Nation, Caliva, And Left Coast Ventures
The Parent Company, Formerly Subversive Capital Acquisition Corp., has Completed its Qualifying Transaction and is Now the Largest Vertically Integrated Cannabis Operation in California
Shawn JAY-Z Carter, Chief Visionary Officer of The Parent Company, Leads Brand Strategy and The Parent Company Social Equity Ventures, a Corporate Venture Fund Investing in Black and Minority-owned Cannabis Businesses
The Parent Company is the Most Well-Capitalized Cannabis Company in the U.S. and is Positioned to Consolidate and Reshape the Market in California and Beyond ....

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