Sources: activist investor Elliott Management is building a stake in PayPal to speed cost cuts and may become one of the company's five largest shareholders (Bloomberg)

Bloomberg:
Sources: activist investor Elliott Management is building a stake in PayPal to speed cost cuts and may become one of the company's five largest shareholders  —  Elliott Investment Management is building a stake in PayPal Holdings Inc., the payments giant that has been firing staff and closing offices to cut expenses.

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