Tag: Stripe Takeover Bid Collapses
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PayPal Stock Could Bounce Back After Stripe Takeover Bid Collapses, Analysts Say
PayPal stock was under heavy pressure after Stripe and Advent International said they were dropping their bid to buy the payments company. The proposed deal would give PayPal a valuation of around $53 billion, with an offer of $60.50 a share. Shares of PayPal plunged after the takeover catalyst was gone. Why PayPal Stock Could…
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