PayPal Dives As Advent-Stripe Group Said To Drop Pursuit Of Payments Giant

PayPal stock was indicated sharply lower on a report that an Advent-Stripe consortium has dropped their efforts to buy the digital payments giant. Privately held payments firm Stripe and private equity firm Advent had given up their pursuit of PayPal (PYPL), Bloomberg reported Thursday night, citing sources. The group reportedly bid $60.50 a share, or $53 billion, for PayPal in… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8