*Walter Bloomberg
*Walter Bloomberg|Feb 23, 2026 16:33
PAYPAL SPARKS BUYOUT BUZZ AFTER 46% SHARE SLUMP PayPal, whose stock has dropped 46% over the past year, cutting its market value to ~$38.4B, is drawing takeover interest. The San Jose company has met with banks after unsolicited approaches, with some rivals eyeing a full acquisition and others targeting select assets. Talks may not result in a deal. Enrique Lores becomes CEO on March 1, following Alex Chriss’s recent ouster amid weak earnings and slowing payment volumes.(*Walter Bloomberg)
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