The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far. Stripe offered to buy PayPal in a $53 billion deal alongside private equity firm Advent International. San Francisco-based Stripe made an offer of $60.50 a share, a 28% premium over PayPal’s most recent closing price. Stripe and PayPal are among the most prominent mainstream financial companies bringing stablecoins onto traditional payment rails. Payments g…
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