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STRIPE AND ADVENT MAKE $53B BID FOR PAYPAL

Stripe and private equity firm Advent International have jointly offered $60.50 per share to acquire PayPal, representing a 28% premium to Tuesday's closing price and valuing the payments company at over $53 billion.

1 SOURCEFIRST SEEN JUL 15, 03:50 AM► READ THE ARTICLE

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Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+ (Milana Vinn/Reuters)

Milana Vinn / Reuters: Sources: Stripe and PE firm Advent International have jointly offered $60.50/share to acquire Pay…

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