PayPal Stock Drops 12% as Stripe and Advent Withdraw $53B Acquisition Bid
Stripe and Advent International have pulled their $53 billion takeover proposal for PayPal after the company's board deemed the $60.50 per share offer inadequate.
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Stripe and Advent International have pulled their $53 billion takeover proposal for PayPal after the company's board deemed the $60.50 per share offer inadequate.