PayPal's Shares Rise After Reported $53 Billion Takeover Bid from Stripe and Advent
Reports indicate that payments company Stripe and private equity firm Advent have made a joint $53 billion bid for PayPal, offering a significant premium over its recent share price. This has led to an immediate surge in PayPal’s stock by 16% ahead of market open.
Tickers: $PYPL
Topics: Advent International PayPal stock price movement Stripe takeover