Stripe and Advent International submitted an unsolicited $53 billion bid for PayPal at $60.50 per share, a 28% premium backed by $50B in bank financing.

July 14 - Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would…

Payments firm Stripe and Advent International have jointly offered to buy PayPal. Their offer values the company at over fifty-three billion dollars. This proposal includes about…