Paysafe Stock Jumps on Report of Takeover Interest -- Barrons.com

Dow Jones

02-07

By Mackenzie Tatananni

Shares of Paysafe surged Thursday following a report that said the online payment service company was considering a sale after receiving takeover interest.

Shares rose 18% to $23.36 after Bloomberg reported that Paysafe was exploring its options with a financial advisor. The report cited people familiar with the matter.

Paysafe went public in March 2021 following a $9 billion merger with a blank-check company headed by businessman Bill Foley. The company is backed by Blackstone Group and CVC Capital Partners.

A Paysafe representative didn't immediately respond to a request for comment from Barron's.

This is breaking news. Check back for updates soon.

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 06, 2025 12:20 ET (17:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 12:20 ET (17:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSFE","symbol_name":"Paysafe Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509201488","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509201488","pubTimestamp":1738862400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Paysafe surged Thursday following a report that said the online payment service company was considering a sale after receiving takeover interest.Shares rose 18% to $23.36 after Bloomberg reported that Paysafe was exploring its options with a financial advisor. 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