PayPal Negotiates Sale to Stripe and Advent at $60.50/Share
Deals·2 articles across 2 outlets
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PayPal is reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm's new CEO attempts to turn the company around.
Sources indicate that Stripe and Advent proposed paying $60.50 per share in July, but PayPal is seeking a higher price.
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Sources
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SourceReports the news
“PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm's new CEO attempts to turn the company around.”
TechCrunch — Talks to sell PayPal to Stripe and Advent are heating up“Wall Street Journal: Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price — The”
techmeme — Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price (Wall Street Journal)