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Visa discloses 9.99 percent stake in Dorsey-led Square

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CBS News – 2/12/16: Visa is now a major shareholder in Square (SQ), the mobile payment services company co-founded and led by Jack Dorsey. Shares of Square rose more than 9 percent, to $9.37, in early trading. Visa snapped up a nearly 10 percent interest in Square, according to a regulatory filing. That would make it the San Francisco company’s second-biggest shareholder, according to that data research firm FactSet.

Click here to read more: http://www.cbsnews.com/news/visa-buys-stake-in-jack-dorseys-company-square

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This post first appeared on Blog | TSG, please read the originial post: here

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Visa discloses 9.99 percent stake in Dorsey-led Square

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