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PayPal gains on report Stripe, Advent in advanced talks for a deal

PayPal stock jumps after reports it may sell to a Stripe-Advent group at ~$60.50/share or higher.

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PayPal gains on report Stripe, Advent in advanced talks for a deal
Image Source: Seeking Alpha

PayPal stock jumps after reports it may sell to a Stripe-Advent group at ~$60.50/share or higher.

PayPal gains on report Stripe, Advent in advanced talks for a deal | Seeking Alpha

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PayPal (

PYPL

) quickly rose 2% after a report that the payments firm is in talks to sell itself to a group that includes Stripe (

STRIP

) and private equity firm Advent International.

Stripe (

STRIP

) and Advent in July proposed paying $60.50

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Original YayaNews editorial coverage, published for informational purposes.

This article is sourced from Seeking Alpha. It is for informational purposes only and does not constitute investment advice.

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