April 26, 2018 / 8:14 PM / in 6 months

Square to buy website building platform Weebly

NEW YORK, April 26 (Reuters) - Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said on Thursday.

Square will pay about $365 million in a mix of cash and stock for Weebly. The San Francisco-based company is seeking to expand its business beyond its core payments offering. (Reporting by Anna Irrera; editing by Jonathan Oatis)

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