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PayPal posts an earnings beat and keeps merger options open
The CEO said PayPal would weigh any alternative path only if it promised “superior value” for shareholders versus its current strategy.
PayPal delivered an earnings beat and signaled that it is not ruling out corporate moves, according to MarketWatch.
In remarks highlighted by the outlet, the companys CEO said PayPal would consider “levers or a path” that could create superior value for shareholders compared with executing its current strategy.
That comment frames merger or other strategic possibilities as contingent on whether an alternative would clearly outperform the present plan, rather than as an active pursuit tied to a specific deal.