Wednesday, July 15
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Topic: fintech

The New York Stock Exchange on Wall Street
Business
Wednesday, 7/15, 09:52 AM

Stripe and Advent make a $53 billion takeover bid for a battered PayPal

  • The payments company Stripe and the private-equity firm Advent International have offered to buy PayPal for more than $53 billion, according to a Reuters report, a bid that sent PayPal's beaten-down shares up about 15% and could reshape the digital-payments industry.
  • PayPal has not responded, and no deal has been struck.

fintech — news and stories on this topic

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