PayPal’s Board Reportedly Called $60.50 a Share Inadequate. The Stock Trades at $56.

PayPal has received a $60.50-per-share cash offer valuing the company at over $53 billion from payments company Stripe and private equity firm Advent International. According to multiple reports, the company’s board has viewed this bid as insufficient and questioned whether it merits opening formal negotiations.
Three distinct valuations have emerged regarding PayPal’s worth. The acquisition offer stands at $60.50 per share with approximately $50 billion in committed bank financing,