A PayPal Sale Is Back on the Table: What We Know About Stripe, Advent’s Bid
Yahoo Finance
"Stripe and Advent are reportedly in talks to acquire PayPal, according to the Wall Street Journal. Yahoo Finance's Josh Lipton outlines what we know so far. The Wall Street Journal is reporting that the struggling payment company is in talks to sell itself to Stripe and Advent. Two companies offered 60 50 per share in July or $53 billion, which PayPal, remember, turned down, but now the journal is saying the companies have been in negotiations since then. PayPal shares spiking on that headline just before the close, finishing the day up nearly 2%."
