[Sources: PayPal is not currently in sale negotiations with Stripe] BlockBeats News, February 27, citing sources reported by U.S. financial media Semafor, PayPal is not currently in negotiations with Stripe or any other company regarding a sale. The company has been working with investment banks for several months to prepare for potential activist shareholder actions or unsolicited acquisition offers. Sources indicated that this move was initiated after a significant drop in PayPal's stock price, with management concerned that it could leave the company in a vulnerable position. Bankers initially began collaborating with PayPal during the tenure of former CEO Alex Chriss (who was dismissed earlier this year).