#Advent International

PayPal's Market Cap Got Cut in Half, Then Someone Offered $5.3B to Buy It — And PayPal Still Said "Not Enough"

Stripe and private equity firm Advent reportedly offered $60.50 per share for PayPal back in July, valuing it at $5.3 billion — and got turned down. Now word is the two sides are negotiating a higher price, with a deal possibly coming together within weeks.