WS #12907
PayPal CEO leaves door open to higher takeover offer after Q2 earnings beat; Cantor values PayPal at ~$70/share vs Stripe's $60.50 offer. Visa plans to cut 7% of workforce (~2,600 jobs) to streamline operations, as confirmed by company spokesperson and CNBC.
PayPal Takeover Speculation
PayPal CEO leaves door open to higher takeover offer after Q2 earnings beat; Cantor values PayPal at ~$70/share vs Stripe's $60.50 offer.
Visa plans to cut 7% of workforce (~2,600 jobs) to streamline operations, as confirmed by company spokesperson and CNBC.