Dorsey's Jay-Z Ties Don't Thwart Tidal Deal, Chancery Says

By Leslie A. Pappas ( May 9, 2023, 2:15 PM EDT) -- Delaware's Chancery Court on Tuesday dismissed a Block Inc. shareholder's suit against founder and CEO Jack Dorsey and company directors over Block's purchase of Norwegian music-streaming service Tidal in 2021, rejecting a shareholder's claims that Dorsey's friendship with rap mogul Shawn "Jay-Z" Carter fatally tainted the more than $300 million deal....

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