DATABASES Signal 412
PayPal reportedly in sale talks with Stripe and Advent, seeks more than $60.50 per share
↗
PayPal is reportedly negotiating a sale to a group including Stripe and private-equity firm Advent, which offered $60.50 per share in July, but PayPal is pushing for a higher price.
WHY IT MATTERS
A PayPal sale would reshape the payments landscape, potentially affecting developers who build on its APIs. The reported negotiations suggest PayPal's board sees value in a deal, but the price gap indicates uncertainty. Engineers should watch for changes in ownership and strategic direction.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
01
PayPal is in talks to sell itself to a group including Stripe and Advent.
02
The group proposed paying $60.50 per share in July.
03
PayPal is seeking a higher price than the proposed offer.
THE CLUSTER
Same story, 1 feed.
Techmeme
Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price (Wall Street Journal)
Open ↗