PayPal plans to go it alone after $50 billion buyout stalls
CEO Enrique Lores is building a plan to run PayPal as a stand-alone company, PYMNTS says. The company is moving forward without a buyer, at least for now.
TLDR
PYMNTS reports that a $50 billion buyout has stalled, leaving PayPal moving forward without a buyer, at least for now. New CEO Enrique Lores is developing a plan to operate the payments company as a stand-alone business, the outlet says.
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