Payment processing firm
Stripe, which is closely held and is among the industry’s most valuable companies, has expressed preliminary interest in a potential acquisition of the digital payments pioneer or its assets, the people said, asking not to be identified because the matter is private.
WATCH: Stripe is considering an acquisition of all or parts of PayPal Holdings, according to people familiar with the matter. Ryan Gould reports on “Bloomberg Deals.” Source: Bloomberg
The deliberations are early and there’s no certainty they’ll lead to a transaction, the people said. Representatives for Stripe and PayPal declined to comment.
PayPal rose 6.7% to $47.02 ...
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