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Stripe and Advent Offer More Than $53 Billion to Buy PayPal
BUSINESS ★ FEATURED
Stripe and Advent Offer More Than $53 Billion to Buy PayPal
Stripe and private equity firm Advent International have offered $60.50 a share, more than $53 billion, to acquire PayPal, sending shares up as much as 16%. The proposal, still preliminary, would combine PayPal's 440 million-account consumer wallet with Stripe's merchant payment infrastructure.
Dave Barr
4 min read
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