Stripe and Advent offer $53b for PayPal. In a transaction that would certainly require a call to the bank, payments company Stripe and private equity firm Advent International have offered to acquire PayPal at $60.50 per share, which would value the company at over $53 billion, Reuters reported. That’s a 28% premium to PayPal’s closing share price on Tuesday, though the news sent PayPal soaring 17% yesterday. If the deal goes through, a tie-up between Stripe and PayPal would create a massive online payments company, with $3.7 trillion of annual payments flowing through it.
