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.

By Josh Kohn-Lindquist · Motley Fool ·

PayPal Shares Rise Over $23% After Acquisition Offer From Stripe and Advent International

Tickers: $PYPL

Topics: Advent International PayPal stock price movement Stripe

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