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PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent

PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent PayPal shares surged the most on record in premarket trading in New York after Reuters reported that payment company Stripe and private equity firm Advent International have offered more than $53 billion to acquire the struggling payments platform. PYPL shares are up 20% premarket...  It's biggest single-day jump since at least 2015 (which is near the lows where it is currently trading)... The proposed $60.50-a-share bid represents a roughly 28% premium to PayPal's Tuesday close, though it remains 80% below...
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