PayPal shares rose Wednesday evening following a report that Stripe has made a $53 billion takeover bid for the company, according to financial news reports. The report, attributed to Insider Paper, sent shares higher as investors reacted to the potential deal.
01 · THE DISPATCH
PayPal shares rose Wednesday evening following a report that Stripe, the payments giant, has made a $53 billion takeover bid for the company, according to financial news reports. The report, attributed to Insider Paper, drove shares higher in after-hours trading. The potential deal would be one of the largest in tech M&A history.
03 · Source and signal
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
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