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Source: PayPal has not entered into negotiations with Stripe regarding a potential sale
Svmuu News: According to Semafor, citing sources familiar with the matter, PayPal is not currently in talks with Stripe or any other company regarding a sale. The report states that PayPal has been working with investment banks for several months to prepare for potential activist shareholder campaigns or unwelcome takeover bids. These preparations began after the company’s stock price fell sharply, as management feared that a lower valuation could expose the company to external pressure. Sources also indicated that the collaboration began as early as the tenure of former CEO Alex Chriss.
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