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BlackBird Financial acquires large stake in PayPal
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BlackBird Financial acquires large stake in PayPal
BlackBird Financial LP, a value-focused hedge fund in Toms River, announced that it has accumulated a significant ownership position in PayPal Holdings, Inc., the global payments platform serving more than 400 million consumer and merchant accounts and processing roughly $1.7 trillion in annual payment volume. PayPal has recently combined mid-teens earnings growth with a more shareholder-friendly playbook, including the introduction of the compa…
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