Stripe and Advent Reportedly Bid $60.50 a Share for PayPal
Stripe (STRIP), Advent International, and Block are reportedly in talks to acquire PayPal (PYPL) at $60.50 per share, valuing the deal at approximately $53.4 billion. The offer includes $17 billion from each company's equity contributions and up to $50 billion in committed bank financing.
Topics: blockchain digital payments mergers and acquisitions