#Advent

Stripe and Advent reportedly gave up on acquiring PayPal, and their bargain-hunting plans were disrupted by a 40% increase

The acquisition of Stripe and Advent, which might have set one of the best leveraged buyout records in history, has been stalled, according to Bloomberg. PayPal's stock price rose by 40% in response to the financial report and acquisition rumors, which made this plan of picking up a bargain at a low price a miscalculation.