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Circle Valued at $9B in New Transaction Terms Agreed with Concord Acquisition Corp

Provided By PR Newswire

Last update: Feb 17, 2022

BOSTON, Feb. 17, 2022 /PRNewswire/ -- Circle Internet Financial, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes and is the issuer of USD Coin (USDC), announced today that it has terminated its existing business combination and agreed to new transaction terms with Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company.

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