Insiders: PayPal Not in Negotiations with Stripe Regarding Sale

Odaily News According to a report by Semafor citing insiders, PayPal is currently not in negotiations with Stripe or any other company regarding a sale.

The report states that PayPal has been working with investment banks for months to prepare for potential activist shareholder actions or unsolicited acquisition offers. These preparatory efforts began after a significant decline in the company's stock price, with management concerned that the lower valuation could expose the company to external pressure.

Sources also indicated that this collaboration was initiated during the tenure of former CEO Alex Chriss.