Visit the original URL
Activist investor Elliott Investment Management is negotiating a deal with PayPal, sources said. Under the agreement, Elliott will participate in determining the future direction of PayPal. Negotiations between Elliott and PayPal were amicable, and the former could get a seat on PayPal’s board, according to people familiar with the matter who spoke on condition of anonymity. The two sides are likely to announce the deal in the coming days, the sources said. However, negotiations are still ongoing and could still break down. (Sina Technology)
media coverage
CNBeta IT Home TechWeb 36Kr
event tracking
- 2022-07-28 PayPal may agree to join activist investor Elliot on board
- 2022-05-27 To boost profits, PayPal starts laying off workers this week
- 2021-08-31It is reported that PayPal is considering launching a stock trading platform
- 2021-06-19 PayPal to fully adjust rates in the US
- 2021-04-20 PayPal: China’s business focuses on cross-border payments, not competing with Alipay and WeChat Pay
This article is reproduced from: https://readhub.cn/topic/8hZpB2z4XO4
This site is for inclusion only, and the copyright belongs to the original author.