The Payments Giant Nobody Saw Coming: Stripe and Advent Want All of PayPal

A joint takeover bid at $60.50 a share would hand PayPal’s two biggest units equal ownership, and traders are betting it goes through. Stripe and private equity giant Advent International have quietly put in a joint offer to buy PayPal, according to people familiar with the matter. The number on the table: more than $53 […]

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