Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal

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Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal
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Square agreed to an all-stock deal worth around $29 billion to acquire installment-payment company Afterpay

Square Inc. has agreed to an all-stock deal worth around $29 billion to acquire Australia’s Afterpay Ltd. , an installment-payment company that positions its service as a cheaper and more responsible alternative to a credit card.

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