00:00It's Benzinga bringing Wall Street to Main Street.
00:02PayPal Holdings shares closed higher Thursday as deal speculation continued around a potential sale,
00:08according to Benzinga. A report said Stripe and Advent International are in talks to acquire
00:14PayPal after a July proposal of $60.50 per share was viewed as too low. Negotiations are now
00:21focused on a potentially higher price with a deal possible within weeks. PayPal also expanded into
00:27higher education payments through integrations with Illumia, Nelnet Campus Commerce, and TouchNet.
00:33The stock is trading above its 20-day, 50-day, and 200-day moving averages,
00:38while its RSI of 75.32 signals overbought conditions. Shares closed 1.71% higher at $62
00:46at 30th or Thursday, according to Benzinga Prodata. For all things money, visit benzinga.com.
