DekmarTrades
Jul 15, 10:38 AM
$PYPL Stripe, Advent offer to buy PayPal for more than
$53 billion, sources say (
$60.50 per share).
The stock rose more than 19% in Pre Market!
- Offer represents around 28% premium to PayPal's Tuesday closing price
- Banks committed about
$50 billion in financing for the bid
- Stripe and Advent would each hold equal stakes in PayPal
$PYPU $PYPG also followed the climb.
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