PayPal Shares Rise Over $23% After Acquisition Offer From Stripe and Advent International
Shares of PayPal (PYPL) surged over 23% this week following an acquisition offer from payments peer Stripe and private equity firm Advent International, who proposed buying the company for $60.50 per share. However, PayPal's board believes the offer undervalues its long-term potential.

Tickers: $PYPL
Topics: Advent International PayPal stock price movement Stripe