← Back to headlines
Stripe Consortium Abandons $50 Billion Acquisition Bid for PayPal
A consortium led by payment giant Stripe and private equity firm Advent International has officially withdrawn its $50 billion offer to acquire PayPal. The decision ends months of speculation and triggers a noticeable decline in PayPal’s share price.
28 Aug, 01:32 — 28 Aug, 09:17
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (67/100)8 sources33/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center3
Center (3)
investing-comReutersbloomberg
Right5
Right (5)
irish-independentdie-presseseeking-alphastar-malaysiachannel-news-asia
Far R
Geographic diversity— 6 regions26/34
US3Ireland1Austria1Malaysia1Intl1Singapore1
Sources
Showing 3 of 8 sources
bloombergHigh8h ago
Advent, Stripe Consortium Is Said to Drop Pursuit of PayPal
A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc., according to people familiar with the matter.
By Ryan Gould and Paige Smith
Read full article →irish-independent1h ago
Stripe consortium abandons $50bn pursuit of PayPal
By Ryan Gould and Paige Smith
Read full article →star-malaysiaMixed7h ago
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports - The Star
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports The Star
Read full article →Coverage Timeline
First report: bloomberg · 28 Aug, 01:32|Full coverage: 8 · 8h|Window: 8h
Left-leaningCenterRight-leaning
