Meta acquired the worldwide trademark assets of regional bank Meta Financial Group for $60M through a company called Beige Key.
Meta Financial, a regional US bank, had said in regulatory filings that a Delaware company called Beige Key LLC agreed to acquire the worldwide rights to its company names for $60M in cash. Facebook/Meta now officially revealed that "Beige Key is affiliated with us and we have acquired these trademark assets". Meta Financial's shares were trading 1.5% lower, giving it a market cap of $1.74B. Link
