PayPal Not Engaged in Sale Discussions
According to insiders cited by financial media Semafor, PayPal is not currently in talks with Stripe or any other company regarding a potential sale. This decision comes after a significant drop in stock price, which has raised concerns among management about the company's vulnerability.
Preparing for Shareholder Actions
PayPal has been working with investment banks for months to prepare for potential aggressive shareholder actions or unwanted acquisition offers. These measures aim to safeguard the company's independence and strategic direction.
- PayPal not in sale talks with Stripe
- Falling stock prices prompt defensive measures
- Collaboration began during former CEO Alex Chriss' tenure