Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name

 
Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing. 
Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC, a Delaware limited liability company. 
“Beige Key is affiliated with us and we have acquired these trademark assets,” a Meta Platforms spokesperson told Reuters. …
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