What is PayPal's board of directors doing?

They are considering other options after rejecting Stripe-Advent's offer.

Stripe is a company that helps other businesses with online payments.

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Exclusive-PayPal board sees Stripe-Advent offer as inadequate, sources say

First publishedJul 17, 09:31 UTC

Last updatedJul 17, 11:42 UTC · 14m ago

1 outlets over time — hover a bar for its window & outletslast updated

Exclusive-PayPal board sees Stripe-Advent offer as inadequate, sources say

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Significance weighs impact, urgency & coverage breadth · Source trust is the outlets' average authority · more outlets means a more confirmed story.

Answer

The PayPal board thinks Stripe-Advent's offer is not good enough. This is according to sources. The board is considering other options.

Reported by 1 outlet — Investing.com · Stock Market. See all sources ↓

PayPal's board of directors does not think Stripe-Advent's offer is good enough. They are looking at other options. This is what sources say. Stripe-Advent is a company that includes Stripe and Advent International. They made an offer to buy PayPal.

Why it matters

This news is important because it affects the future of PayPal and its possible sale. It also shows how companies are valued in the business world.

In brief

What is Stripe-Advent?: Stripe-Advent is a company that includes Stripe and Advent International.
What is PayPal's board of directors doing?: They are considering other options after rejecting Stripe-Advent's offer.
What is Stripe?: Stripe is a company that helps other businesses with online payments.

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How outlets are framing the same story

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All outlets report the same basic facts, but they do not provide much additional context or analysis.

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1Angle
Scouting report
Stripe-Advent's offer is not good enough
Sources1
TypeAngle
Investing.com · Stock MarketJul 17, 09:31calls it an 'inadequate offer'

Related in the knowledge graph

organizationExclusive-PayPal organizationStripe-Advent

Sources (1)

Avg source rating 6.0/10

Investing.com · Stock Market6

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