Mobile-Payments Startup Square Hunting For Buyer

Square Inc is apparently hunting for a buyer. WSJ reports that it had a discussion with Google, Apple and Ebay. Talks with Apple and Ebay didn’t develop into anything serious, while the status with Google is not clear. Square recorded a loss of roughly $100 million in 2013, broader than its loss in 2012. Square is currently valued at $5.2B. This month, Square secured a credit facility of more than $100 million from a group of five banks led by Goldman Sachs Group Inc. Link


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