U.S. MarketsJuly 15 at 01:47 PM

Stripe and Advent offer USD 53bln for takeover of PayPal (PYPL), reports CNBC TV (in fitting with earlier reports)

StockNow breaking-news AI analysis

Stripe and Advent proposed a $53 billion takeover of PayPal at $60.50 per share. PayPal shares surged on the news, though the company has not officially responded to the bid.

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