U.S. MarketsJuly 16 at 06:25 PM

Paypal (PYPL) board reportedly sees USD 53bln Stripe-Advent takeover bid as inadequate, according to sources

StockNow breaking-news AI analysis

PayPal's board reportedly rejected a $53 billion joint bid from Stripe and Advent as inadequate. The $60.50/share proposal aimed to bolster stablecoin infrastructure by leveraging PayPal's global consumer network.

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