Stripe and Advent offer $60.50 a share for PayPal, valuing it above $53bn

Stripe and Advent International have offered $60.50 a share in cash for PayPal, a bid that values the payments company at more than $53bn and arrives backed by about $50bn in committed financing from banks, according to Reuters. The buyers would hold equal stakes in the business and, unusually for a proposal with a private […]
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