DevTechFundingNewsabout 2 hours ago
Stripe bids $53B to acquire PayPal
3 min read
Stripe and private equity firm Advent International have submitted a $53 billion proposal to acquire PayPal at $60.50 per share. The combined company would process $3.7 trillion in annual payment volume, becoming the world's largest merchant acquirer. Discussions remain ongoing with no confirmed deal.
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