Sentiment: Negative
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PayPal (PYPL) Stock: No Deal, No Problem? CEO Says Turnaround Is the Better Bet
By Trader Edge at 2026-09-11 04:53
Sentiment: Negative
TLDR Stripe and Advent International walked away from a reported $53 billion PayPal acquisition in late August after the board rejected the offer CEO Enrique Lores says PayPal remains “open and objective” to evaluating external offers but believes the current standalone plan creates more value The turnaround plan includes $1.5 billion in cost savings and [...] The post PayPal (PYPL) Stock: No Deal, No Problem? CEO Says Turnaround Is the Better Bet appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central