Market Chatter: PayPal Holdings Board Sees Stripe-Advent Offer as Inadequate

MT Newswires Live
Jul 17

PayPal Holdings (PYPL) views a $53 billion takeover proposal from Stripe and private equity firm Advent International as undervaluing the company, and presenting regulatory and financing risks, Reuters reported Thursday, citing a person familiar with the matter.

PayPal has not formally responded to the $60.50-per-share offer, Reuters reported, citing two other sources. The board is evaluating the bid alongside management's turnaround strategy and the possibility that other offers could emerge.

The board also is weighing deal certainty, financing, potential regulatory hurdles and the likely timeline for completing a transaction, Reuters reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10