Shares in the digital payments leader are 81% off their all-time record.
Stripe and Advent International reportedly made a bid to take over the payments company for $60.50 per share, valuing the company at roughly $53 billion.
After reporting better-than-expected Q2 results, PayPal said it remains focused on its AI-driven turnaround, but would consider a deal that creates more value for shareholders.
Stripe and Advent International have made a joint offer to acquire PayPal for $60.50 per share, in a deal that would valued at more than $53 billion.
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