Crypto
PayPal reportedly received takeover approaches amid share slump
PayPal has received takeover approaches from competitors as its share price has struggled for an extended period, a report said. Cointelegraph, citing Bloomberg, reported that PayPal held review meetings with banks in response. One potential buyer is considering acquiring the entire company, while others have shown interest in buying specific assets. Bloomberg said discussions are at an early stage and a deal is uncertain. PayPal shares jumped after the report but remain down 46 percent over the past year.
