Stripe and Advent International Reportedly Offer Over $53 Billion for PayPal
Stripe, a major digital payments company, along with private equity firm Advent International, have reportedly made an offer of $60.50 per share to acquire PayPal Holdings Inc in a deal valued at over $53 billion. The proposal represents a 28% premium on PayPal's recent closing price and is backed by around $50 billion in committed financing from banks.
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