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Visa buys 10% stake in Square

Posted online February 12, 2016 | 12:34 pm

Visa yesterday disclosed it picked up a 10 percent stake in mobile payments company Square.

The company now owns 3.5 million shares.

Based on Square's Thursday closing price, Visa's stake is worth $30 million.

Read more from the St. Louis Business Journal.

More from SBJ Daily Update

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