
PayPal Stock Drops Amid Reports of No Takeover Talks with Stripe
PayPal's stock declined following reports that Stripe is not in discussions for a potential takeover of the company.
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PayPal drops on report Stripe isn't in talks for a takeover
Read full article →PayPal Slides After Report Says Stripe Not In Takeover Talks
PayPal Slides After Report Says Stripe Not In Takeover Talks Bloomberg's multi-day storytelling began late Monday morning with a report that a "large rival suitor" and other firms were circling PayPal in a potential takeover bid. By late Tuesday in the cash session, the outlet reported that payment processor Stripe had expressed interest in the platform. Now, just moments ago, Semafor reports "PayPal isn't currently in talks to sell itself — to Stripe or anyone else — and has b...
By Tyler Durden
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