FinanceSilicon Republicabout 1 hour ago
Stripe, Advent's PayPal acquisition plans reportedly falls through
1 min read
PayPal rejected a $53bn-plus takeover offer from Stripe and Advent International over undervaluation concerns, and the joint acquisition plans have now fallen through. PayPal's shares jumped nearly 10pc over the last month, giving it a market cap of $52.5bn.
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