FinanceAxios Techabout 2 hours ago
Why the PayPal takeover fell apart
3 min read
Stripe and Advent International's $60.50 per share bid for PayPal collapsed after PayPal's Q2 earnings. PayPal argued the price was too low, citing its own performance driving post-deal-news appreciation. Shares opened at $43.49 and closed at $47.02 on Feb. 24 after Bloomberg reported the possible deal.
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