Despite recent stock struggles, PayPal is not in talks to sell to Stripe or other firms but has engaged investment banks to prepare for activist shareholder pressure, sources reveal.
PayPal has been working with investment banks for several months to strengthen its strategic position after a significant drop in its stock price triggered concerns about activist shareholder activity or unwanted takeover bids. The process, initiated under former CEO Alex Chriss, is not linked to any sale negotiations with Stripe or other firms, signaling PayPal’s proactive steps to stabilize and defend its market position.