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PayPal in Sale Talks with Suitors Including Stripe, Advent

Electronic Payments +1 ·

PYPL PayPal Holdings Inc
$61.67 +1.77%
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  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

This 3-line summary is compiled from the report below.

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