PayPal in Sale Talks with Suitors Including Stripe, Advent

1. 1WSJ reports PayPal (PYPL) is discussing a sale with a group of potential acquirers including Stripe and Advent International
2. 2The two parties submitted a joint bid of $60.50 per share in July, valuing the company at roughly $53 billion
3. 3That is sharply below the nearly $360 billion peak in 2021, and shares closed up nearly 1.8% following the report

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