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Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ

StockNow breaking-news AI analysis

PayPal CEO Enrique Lores is pursuing an independent turnaround strategy, rejecting a USD 53 billion takeover bid to implement cost cuts, share buybacks, and business unit restructuring.

1 stocks
PYPLPayPal Holdings, Inc. Common Stock$53.98Current price

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