Stripe And Advent Seek To Acquire PayPal In $53 Billion Buyout Backed By $50 Billion In Committed Financing
Stripe and Advent International have offered to buy PayPal for more than US$53 billion, offering US$60.50 per share backed by US$50 billion in financing. The proposal would see both firms jointly own PayPal, but there is no guarantee the takeover will go ahead.
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