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PayPal's New CEO Bets on Going It Alone After $50 Billion Buyout Stalls
Source: pymnts.com
M&A & RestructuringFintechManagement & Governance
PayPal's proposed sale valued at more than $50 billion collapsed over the summer, leaving the payments company to continue as a stand-alone business for now. CEO Enrique Lores is developing an independent operating plan, creating uncertainty over PayPal's strategic direction and the likelihood or terms of any future transaction.
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