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PayPal turned down $53bn, and pointed to a beat and a $70 target — Blankdot

thenextweb.com5 days ago

PayPal turned down $53bn, and pointed to a beat and a $70 target

PayPal turned down $53bn, and pointed to a beat and a $70 target

PayPal finally addressed the $53bn offer sitting on its table. Its answer was: not at that price. The company gave its first public response on Tuesday’s Q2 earnings call, alongside a beat. Chief executive Enrique Lores would not comment on Stripe and Advent’s bid directly. He said only that PayPal…

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