Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings for $60.50 per share, in a deal that would value the payments company at more than $
PayPal gets a $60.50 takeover bid from Stripe/Advent; 28% premium, 9-11x forward P/E, and $6B buybacks signal upside. Click here to read more on PYPL stock.
PayPal receives a $60.50/share joint acquisition offer from Stripe and Advent, a 28% premium valuing the company at over $53B. Read the latest analysis here.
PayPal Holdings stock is down 82% as Stripe acquisition rumors swirl. Click for this PYPL update and see why I remain bullish and believe it is undervalued.
Remember when PayPal was one of the hottest companies on Wall Street? Its market value topped $300 billion. It looked untouchable. Now Stripe and Advent are offering about $53 billion to buy the whole company. That's the part that grabbed ... READ .. ...
PayPal shares rose over 21% during premarket hours on Wednesday after Stripe's $53 billion buyout offer, and Michael Burry's claim that he won't sell the stock despite the premium.