Square will acquire buy-now, pay-later company Afterpay in $29 billion deal

Square has agreed to acquire Australian buy-now, pay-later service Afterpay in an all-stock deal worth around $29 billion, making it one of the biggest acquisitions in Australian history. People are already wondering whether Square will pay in four installments of $7.25 billion in shares.The acquisition was announced in a joint press release on Sunday, with Square stating that it plans to integrate Afterpay into both Cash App and Seller. Cash App allows customers to make…

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Source – Mashable:
Square will acquire buy-now, pay-later company Afterpay in billion deal

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