PayPal attracts takeover interest after stock slide, Bloomberg News reports
Potential buyers eye PayPal amid an 85% stock drop and weak earnings, with interest in full acquisition or key assets like Venmo and Braintree, sources said.
6 Articles
6 Articles
Why PayPal Rallied Today, Even as Most Financial Stocks Plunged
Key PointsFinancial media reported that PayPal is currently the target of buyout offers, both for the entire company as well as individual subsidiaries. PayPal delivered highly disappointing earnings and forward guidance earlier this month. The stock trades at a bargain valuation, but a buyout may be the best-case scenario. 10 stocks we like better than PayPal › Shares of PayPal (NASDAQ: PYPL) rallied on Monday, up as much as 9.7% at one point, …
PayPal attracts takeover interest after stock slide, Bloomberg News reports
Feb 23 : Digital payments company PayPal is attracting takeover interest from potential buyers after a stock slide, Bloomberg News reported on Monday, citing people familiar with the matter.The payments firm has fielded meetings with banks amid unsolicited interest from suitors, the report said, adding that a
The U.S. online payment company PayPal is receiving unsolicited purchase offers both for the entire business and for certain assets, on the account of the...
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium





