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PayPal jumps 20% in premarket on report of Stripe, Advent $53 billion takeover offer

Newseze Wire·Wed, Jul 15, 11:28 AMWire: CNBC Top News
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PayPal jumps 20% in premarket on report of Stripe, Advent $53 billion takeover offer

Stripe and Advent International have reportedly made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.

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Stripe and Advent International have reportedly made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion. The story falls into Newseze's economy desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: CNBC Top News.
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