Stripe and Advent reportedly abandon pursuit of PayPal acquisition
Stripe and Advent International reportedly dropped their pursuit of acquiring PayPal, according to Bloomberg, causing PayPal shares to fall more than 10% in overnight trading. Multiple independent sources confirmed the abandonment of the acquisition pursuit.
Detected & updated continuously · Source: Nebula
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Sources
@StockSavvyShay
$PYPL is down over 10% after Stripe and Advent reportedly dropped their pursuit of a potential acquisition. https://t.co/xr2XhGVTIc
@Sam_Badawi
BREAKING: Stripe and Advent have reportedly dropped its pursuit of an acquisition of $PYPL. It looks like they don’t think the company is worth more than $53B. https://t.co/XUz6OmeOVy
@ConsensusGurus
*ADVENT, STRIPE CONSORTIUM IS SAID TO DROP PURSUIT OF PAYPAL RIP $PYPL
@StockMKTNewz
Stripe and Advent have reportedly decided to abandon their pursuit of acquiring PayPal $PYPL - Bloomberg https://t.co/5F5LMaaKiU
@blckchaindaily
🚨 PAYPAL $PYPL DOWN MORE THAN 10% AFTER STRIPE, ADVENT REPORTEDLY DROP ACQUISITION PURSUIT
@blckchaindaily
🚨 STRIPE, ADVENT REPORTEDLY ABANDON PURSUIT OF PAYPAL $PYPL - BLOOMBERG
@Mr_Derivatives
BREAKING: Stripe drops pursuit for $PYPL. -13% overnight. Oof!
@theincomewheel
$PYPL Stripe Consortium has now supposedly stopped seeking to buy out PayPal https://t.co/r0lgpDv89p