WS #12123

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PayPal surges 14% on rumors of a $60.50/share takeover offer from Stripe and Advent, with BTIG saying serious consideration likely. FCC to vote on August 6 to eliminate the 39% national ownership cap on local broadcast stations, a win for Nexstar (NXST) and other station owners.

PayPal Takeover Rumors

PayPal surges 14% on rumors of a $60.50/share takeover offer from Stripe and Advent, with BTIG saying serious consideration likely.

FCC to vote on August 6 to eliminate the 39% national ownership cap on local broadcast stations, a win for Nexstar (NXST) and other station owners.

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