tiprankstipranks
Meta in discussions to reincorporate in Texas or other state, WSJ reports
The Fly

Meta in discussions to reincorporate in Texas or other state, WSJ reports

Meta Platforms (META) is weighing moving its incorporation from Delaware to another state, including potentially Texas, the Wall Street Journal’s Emily Glazer, Berber Jin, and Meghan Bobrowsky report, citing people familiar with the matter. Texas has promoted itself as a more favorable destination for companies such as Meta with controlling shareholders like Mark Zuckerberg, the authors say, noting that the paperwork change would not mean the company is relocating its corporate headquarters.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App