PayPal Shares Jump On Report Of Takeover Interest

PayPal Shares Jump On Report Of Takeover Interest PayPal shares were briefly halted due to volatility and are now up 9% after a Bloomberg report said the digital payments firm is attracting takeover interest from potential buyers, as the stock slid to a decade low. The report, based on unnamed sources, has not been confirmed by PayPal. Interest in a PayPal takeover is in the early stages, according to people familiar with the matter. They say the company has met with banks a...

By Tyler Durden