Square to Acquire Weebly for $365 Million

Last week a mobile payment processor Square (NYSE: SQ) announced it would acquire Weebly, a technology company that helps customers build websites and online stores, for approximately $365 million in cash and stock. Together the companies will provide businesses and entrepreneurs with a full suite of services and omnichannel solutions to help them engage customers, manage orders, process payments, handle returns and exchanges, grow sales, analyze data and more.

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