PayPal board sees Stripe-Advent offer
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PayPal stock jumped on a reported Stripe and Advent bid, but investors should ask whether the takeover premium rewards long-term holders after years of pressure.
Stripe and Advent International offer $53 billion to acquire PayPal, sending shares soaring amid expectations of a major fintech merger.
If Stripe acquires PayPal, the real prize could consumer wallets, stablecoin issuance or the infrastructure powering the the next generation of digital payments.
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.
