Techub News reports, citing sources from Semafor, that PayPal is currently not in negotiations with Stripe or any other company regarding a sale, and has been working with investment banks for several months to prepare for potential activist shareholder actions or acquisition offers. This move was initiated after PayPal's stock price dropped significantly, with management concerned that this could leave the company vulnerable.
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Techub News reports, citing sources from Semafor, that PayPal is currently not in negotiations with Stripe or any other company regarding a sale, and has been working with investment banks for several months to prepare for potential activist shareholder actions or acquisition offers. This move was initiated after PayPal's stock price dropped significantly, with management concerned that this could leave the company vulnerable.