PayPal Falls 12% After Stripe and Advent End Pursuit
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
PayPal shares tumbled 12% on Friday after a Bloomberg report that Stripe and private equity firm Advent International had abandoned their attempt to buy the company.
Shares of PayPal fell to $54 as of Friday morning, lower than the $60.50 per share price that Stripe and Advent had offered ...
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