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PayPal board says $53B Stripe and Advent bid undervalues company
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PayPal board says $53B Stripe and Advent bid undervalues company
PayPal’s board said the $53 billion offer from Stripe and Advent undervalues the company and carries regulatory and financing risks.Stripe and Advent have secured about $50 billion in financing while continuing talks to acquire PayPal through a joint ownership structure.Investors are now watching PayPal’s upcoming earnings as the company weighs the takeover proposal against its turnaround plan.
2026-07-17 Source:crypto.news
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