Stripe, Advent abandon pursuit to acquire PayPal: report (PYPL:NASDAQ)
· seekingalpha.com
Advent and Stripe drop their $50B+ bid for PayPal—ending a potential mega LBO. Get the latest deal update and what it could mean for PYPL now.
A consortium of buyout firm Advent and payment processor Stripe (STRIP) has decided to abandon its pursuit of fintech pioneer PayPal Holdings (PYPL), a potentia...