PayPal may give activist investor a board seat to help shape its future


Elliott Investment Management reportedly may get a chance to directly help shape the future of PayPal Holdings Inc. as a result of talks between the activist investor and payment giant.

PayPal and Elliott are involved in amicable talks could result in the investment firm getting a seat on the board, according to Bloomberg, which said an agreement could come in days though the talks could still fall apart,

Reports that Elliott has taken a large stake in PayPal sent its stock up by 12% to $86.42…

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