CORRECTED-PayPal reaches $30 million settlement in DOJ probe over minority business program

Paypal Holdings

Paypal Holdings

PYPL

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Corrects headline and first paragraph to clarify that PayPal has reached a $30 million settlement

WASHINGTON, May 12 (Reuters) - The U.S. Department of Justice said on Tuesday it had reached a $30 million settlement with PayPal PYPL.O in a probe over an investment program created for black and minority-owned businesses that was "unlawful" and "discriminatory."


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