Market Chatter: PayPal Said to be Working With Goldman, Evercore Amid Stripe-Advent Pursuit
MT Newswires Live
Jul 16
PayPal (PYPL) has been working with Goldman Sachs (GS) and Evercore (EVR) in recent months to evaluate a potential sale or breakup, as Stripe and Advent recently made a $53 billion acquisition offer, Bloomberg reported Wednesday, citing people familiar with the matter.
PayPal didn't immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.