Source: Semafor
Summary
PayPal is reportedly not in talks to be acquired, according to sources who spoke to Semafor. This contradicts a previous report suggesting that Stripe was considering acquiring PayPal.
Our Reading
The denial follows a familiar script.
PayPal may not be on the auction block, after all. Stripe’s alleged interest in acquiring PayPal has been downplayed by sources. The rumor mill can rest easy, for now. Another day, another debunked acquisition story. PayPal remains independent, still.
Author: Evan Null
