TechCrunch·3 min read·medium
PayPal leaves the door open to a higher takeover offer following earnings beat
S
Sarah Perez
✦AI Summary
PayPal CEO Enrique Lores indicated the company is open to a potential takeover if an offer provides superior value to shareholders. While not confirming active negotiations, the statement follows a strong Q2 earnings report that exceeded profit and revenue expectations.
PayPal is seemingly still open to Stripe’s $53.4 billion takeover bid , just not at the price the latter had offered.
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