Friday, 17 July, 2026
Thanks, But No Thanks: PayPal Cool on Stripe’s $53B Takeover Bid
By TechShots Studio
PayPal’s board views a $53 billion joint acquisition offer from rival Stripe and private equity firm Advent International as inadequate.While the $60.50-per-share bid represents a premium, the board believes it undervalues PayPal’s long-term potential under its new turnaround strategy. Additionally, directors are highly concerned about complex regulatory hurdles, financing certainty, and a potentially lengthy antitrust review process.
Read full story at REUTERS