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PayPal surges on reports Stripe wants to buy it

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Stripe, the privately held payments company valued at $159 billion, is considering an acquisition of PayPal or parts of the digital payments pioneer, Bloomberg reported Tuesday, citing people with knowledge of the matter. Neither company has confirmed the report. PayPal shares closed nearly 7% higher on Tuesday, extending a rally that began Monday after Bloomberg […]

The postPayPal surges on reports Stripe wants to buy itappeared first onRolling Out.

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