Talks to sell PayPal to Stripe and Advent are heating up

PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm’s new CEO attempts to turn the company around.

PayPal leaves the door open to a higher takeover offer following earnings beat

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 reportedly offered to buy PayPal for around $53.4B

Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.  Reuters reports that the offer was…