
The $29 Billion Deal That Could Change the Way We Bank
CNBC's "Fast Money"
00:00
Is Square the Next Greatest Growth Engine for Credit?
When you start thinking about transactions like this and the business it gets a square into, are you concerned at all about the credit risk that square then takes on to its balance sheet? I don't think that credit concerns matters to day. It clearly doesn't, because the stock is up, and it looks like it wants to break out throgh two 80. All i know is i'm looking at what the markets telling me. Its telling me a couple of diferent things. Nobody seems to care about the p e. Some day matter. It doesn't matter to day. So ye, all other things being equal, this should be a really good integration for square.
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