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Stripe and Advent's bid for PayPal is not irresistible
Pitchbook28d agoneutral
Stripe and Advent's bid for PayPal is not irresistible

NurPhoto/Getty Images Stripe‘s reported interest in acquiring PayPal has been warmly received by PayPal’s investors. Stock in the New York-listed payments business was up just over 17% at the end of Wednesday’s trading. But the bid seems more like an opening salvo than an offer that can’t be refused. CNBC reported that the bid from Stripe, in partnership with private equity firm Advent International, values the payments pioneer at around $53 billion. This is equivalent to $60.50 per share, a 28%

Megacap Tech Lifts U.S. Stocks
The Wall Street Journal28d agoneutral
Megacap Tech Lifts U.S. Stocks

FINANCE U.S. stocks edged higher Wednesday as gains in megacap technology names offset weakness in chip stocks. PayPal surged on reports of a takeover offer and another round of strong bank earnings kept Wall Street in an upbeat mood.

Why Is PayPal (PYPL) Stock Soaring Today
StockStory28d agobullish
Why Is PayPal (PYPL) Stock Soaring Today

Shares of digital payments platform PayPal (NASDAQ:PYPL) jumped 17.2% in the morning session after reports revealed payments company Stripe and private equity firm Advent International made a joint offer to acquire the company for over $53 billion.

Is PayPal Holdings (PYPL) Stock Still A Bargain After A $60.50 Bid?
Simply Wall St.28d agoneutral
Is PayPal Holdings (PYPL) Stock Still A Bargain After A $60.50 Bid?

PayPal Holdings has just attracted a high profile US$60.50 per share takeover offer while its stock is still trading well below past peaks. This creates a clear tension between a weak 5 year return record and valuation checks that currently screen the shares as cheap. PayPal Holdings’ share price has fallen about 84.0% over the past 5 years, which means the market has already priced in a major reset in expectations. The headline US$53b bid from Stripe and Advent, together with PayPal’s push...

Stripe and Advent just bid $53 billion to buy PayPal: What to know
Yahoo Finance Video28d agobullishVIDEO
Stripe and Advent just bid $53 billion to buy PayPal: What to know

Scott Melker discusses how Stripe and Advent have put in a $53 billion takeover bid for PayPal (PYPL), sending the payment platform's stock soaring on this news. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Stripe eyes PayPal with reported $53 billion offer
Yahoo Finance Video28d agoneutralVIDEO
Stripe eyes PayPal with reported $53 billion offer

Scott Melker discusses the latest crypto-related headlines, including Stripe's offer to buy PayPal PYPL (PYPL) and Michael Saylor's Strategy (MSTR) selling $467 million worth of its own shares to raise more capital. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Stripe makes $53B bid for PayPal
CoinDesk28d agoneutralVIDEO
Stripe makes $53B bid for PayPal

Stripe and private equity firm Advent International made a $53 billion offer for PayPal, consolidating two of fintech's biggest stablecoin players. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Stripe and Advent reportedly offered to buy PayPal for around $53.4B
TechCrunch28d agobullish
Stripe and Advent reportedly offered to buy PayPal for around $53.4B

Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, […]