Seems like the buyout hype came and went pretty quick. Is it safe to say this has passed?
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@aq I think a buyout is basically decided . Most likely it's Meta or Amazon or maybe Microsoft as they are the West Coast tech companies mentioned in report. It can't be Google or Apple for sure as they have a competing product and X is all over the place. Now there will be rapid round of reorgs and layoffs for next 3 months and a buyout announcement will likely be made by March 2027. I think the big shareholders like Blackrock had decided way back when Alex Chris was fired that buyout is the best option of PP and EL was brought for that. EL was just fooling everyone with this BS return to growth strategy. Behind the scenes he answers to the BLACKROCKS of the world and takes orders from them and their order is a sell-off at 75 dollars +
@ag What kind of things do you think they will do next?
@ag who is the person?
Nope a buyout is happening soon. Enrique just announced a new EVP from BCG. BCG consultants are brought as EVPs to demolish the company from inside out to make it ready for acquisition, not to plan for the future. Meta or Amazon or whoever is the West Coast tech company buying PayPal does not want the negative headlines of mass layoffs so dirty work is being done by Enrique and his pet Strategists. Enrique is doing exactly what he did in HP. Bring the outside consultant, mass layoff people and then sell the company or parts of it.