TechMeme July 16, 2026
Source: PayPal's board sees Stripe and PE firm Advent International's $53B takeover bid as undervaluing the company and facing regulatory and financing hurdles (Reuters)
PayPal's board views a $53 billion takeover bid by Stripe and Advent International as undervaluing the company. The bid faces regulatory and financing hurdles. PayPal's board rejects the bid due to these concerns.