Michael Burry Criticizes PayPal's Buyout Offer as Undervalued
PayPal received a takeover offer of $60.50 per share from Stripe and Advent International, valuing the company at over $53 billion. The stock rose 17% following the announcement. Michael Burry argues that this bid is too low based on his intrinsic value estimates.
Tickers: $PYPL
Topics: Advent International Intrinsic Value Michael Burry PayPal Stripe