Key Points The company is paying $400 million in stock to acquire Tazapay. This is a Singapore-based business that specializes in cross-border, B2B commerce. 10 stocks we like better than Circle Internet Group › Circle Internet Group (NYSE: CRCL) had a week to forget, as far as its equity was concerned. After the cryptocurrency developer announced an acquisition on Tuesday, many investors bailed from its stock. Ultimately, Circle shrank by 11% over the Labor Day-shortened trading week, according to data compiled by S&P Global Market Intelligence . Paying for Tazapay Before market open Tuesday, Circle divulged that it had signed a definitive agreement to acquire Singapore-based Tazapay.
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