Stripe and Advent Negotiating Potential Purchase of PayPal
AI-synthesized · Bias removed · Facts only
Stripe and private equity firm Advent are negotiating a new price to acquire PayPal, as the fintech company's new CEO attempts to turn the business around.
The Wall Street Journal reports that Stripe and Advent previously offered a deal that PayPal declined. The parties are now in talks to reach a new agreement. No right-leaning outlets reported the story.
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