stableBearishFINANCIALS
Stripe and Advent International End Interest in Acquiring PayPal Holdings
3 signals from 3 sources·Updated 24 days ago
Momentum
51/100
Affected tickers
PYPL
Summary
Stripe and Advent International have officially stopped pursuing a potential acquisition of PayPal. This development removes the takeover premium that had been supporting the stock price, forcing the market to revalue…
Impact
Contributing sources (3)
- Stripe and Advent International reportedly abandon plans to acquire PayPal · engadget.com · 26 days ago
- Advent and Stripe reportedly end interest in acquiring PayPal, causing shares to fall · rttnews.com · 26 days ago
- PayPal stock falls after reports indicate potential buyout plans have fallen through · yahoo.com · 26 days ago
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