PayPal Stock Closes Higher Thursday: What's Driving PYPL Gains?

PayPal Holdings Inc (NASDAQ: PYPL ) shares closed higher on Thursday as deal chatter continued around a potential sale process . PayPal Holdings shares are trending higher.

A recent report says Stripe and Advent International are in talks to buy PayPal after a July proposal of $60.50 per share was viewed as too low, with negotiations now centered on a potentially higher price. The same report said a deal could come together within weeks (though not guaranteed) and that the earlier $60.50 proposal valued PayPal at roughly $53 billion .

PayPal meanwhile announced on Wednesday that it is expanding its footprint into higher education payments. Through new integrations with m...