๐ฐ PayPal $PYPL +17% โ Stripe & Advent tabled a $53B takeover bid and the board said no
PayPal shares rocketed 17% after reports revealed that Stripe and private equity firm Advent International jointly offered ~$60.50/share (roughly $53B total) to take the company private โ a 28% premium to where PYPL had been trading. PayPal's board rejected the offer as inadequate, with analysts flagging fair value closer to $70/share, leaving the market pricing in a sweetened bid or outright bidding war. Not financial advice. Do you think Stripe can actually close a deal this size, or will regulators kill it first?
โก 36 buzzing
471 views
๐ 0 subscribed