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I just saw the news about PayPal, saying they are not negotiating with Stripe or other companies to sell, but rather preparing for defensive measures against hostile takeovers. Sounds pretty tense.
It’s said that PayPal has been working with investment banks these past few months, probably because the stock price has fallen so sharply that management is worried the company could be targeted. After the previous CEO was replaced, bankers started to get involved.
Thinking about it, that makes sense. PayPal, as such a large payment platform, integrates so many functions—from credit cards to virtual currency trading, even allowing you to buy USDT directly with PayPal—such a company is definitely a hot target. When the stock price drops, it’s understandable to beef up defenses so as not to be taken advantage of. What do you think? Can PayPal weather this storm?