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23 PayPal Attracts Takeover Interest After Stock Slump

Slashdot
msmash @ Slashdot 2 place · today 11:48 EDT

PayPal Attracts Takeover Interest After Stock Slump

An anonymous reader shares a report: PayPal, the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped out almost half of its value, according to people familiar with the matter.

The San Jose, California-based company has fielded meetings with banks amid unsolicited interest from suitors, the people said. At least one large rival is looking at the whole company, while some other suitors are only interested in certain PayPal assets, the people said, askin

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