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A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.

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A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.

PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.

A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.


Source:MarketWatch

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Source:https://www.marketwatch.com/story/a-53-billion-lifeline-stripe-and-advent-reportedly-team-up-to-bid-for-battered-paypal-3bc6fcc2