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Stripe and Advent bid $60.50 a share for PayPal as talks advance, WSJ reports
The talks come as PayPal pursues a turnaround plan that includes a 20% workforce reduction over the next two to three years, according to the company.
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The online payments pioneer, who had not responded to the initial offer of approximately $53 billion revealed on 15 July, has since engaged in negotiations with his suitors, according to the American daily newspaper.
·Paris, France
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PayPal Stock Closes 1.9% Above $60.50 Bid as Talks Continue
SAN JOSE, California, August 14, 2026, 16:52 EDT — U.S. cash markets closed PayPal closed at $61.66, 1.9% above the reported $60.50 initial bid. Friday volume was 4.5% below its recent average, weakening a momentum case. The close also stood 8.2% above Nasdaq's $57 one-year target. PayPal Holdings (NASDAQ:PYPL) rose 1.8% to $61.66 on Friday…
Coverage Details
Total News Sources7
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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