WHAT HAPPENED
s shares rose nearly 1. 8% in value. Company profilesStripe TheWall Street Journalreported that this comes after an earlier offer was turned down. In July, Stripe and Advent International had jointly offered to acquire PayPal for $60. The company has been struggling to compete with other payment providers such asApple Payand Google Pay. Negotiation statusNegotiations continue between PayPal and investor groupDespite rejecting the initial offer, PayPal and the investor group have continued their negotiations.
Continue reading from the original publisher for the complete report and source context.
READ ORIGINAL STORY