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      PayPal Shares Drop Over 13% Following Failed Takeover Bid

      PayPal's stock experienced a significant decline of more than 13% on Friday. This drop follows reports indicating that Stripe and Advent International have withdrawn their takeover proposal for the payments company.

      The news of the failed acquisition attempt has raised concerns among investors, contributing to the sharp decrease in PayPal's share price. The market reaction reflects uncertainty about the company's future prospects in the competitive payments landscape.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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