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.
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 in New York Tuesday, ...
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