PayPal Board Rejects $53B Stripe-Advent Takeover Offer as Undervalued
PayPal's board formally rejected a ~$53 billion acquisition bid from Stripe and Advent International submitted July 15, calling it inadequate — a response that keeps the deal alive for renegotiation on price and structure. For payments operators, a Stripe-PayPal combination would be the most significant consolidation in consumer and merchant payments infrastructure in decades.
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