Square Inc. said it reached a deal with Afterpay Limited to acquire the buy now, pay later company in an all-stock deal valued at $29 billion.
Square said in a statement today that the acquisition “aims to enable the companies to better deliver compelling financial products and services that expand access to more consumers and drive incremental revenue for merchants of all sizes.”
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The company expects to close the deal in the first quarter of 2022.
Jack Dorsey, co-founder and…
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