Square not in Talks with PayPal to be Acquired; Rumors busted by Jack Dorsey

Speculations had surfaced earlier around PayPal’s interest in acquiring mobile payments company Square. With PayPal splitting from eBay, rumors had sprung up that the new PayPal CEO is in talks with Square for acquisition possibilities. Jack Dorsey, CEO of Square, used Twitter to counter the rumors denying the claims. Keith Rabois, co-founder of PayPal and former COO of Square, also denied the claims through his tweet.

Here are the tweets from the two executives:

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