Stripe and Advent May Acquire PayPal in $53 B Deal—Lores’ Turnaround at Risk
The Wall Street Journal says Stripe and private‑equity firm Advent have revived talks to buy PayPal for $60.50 a share, valuing it at roughly $53 billion. The deal could close in weeks, threatening CEO Enrique Lores’ costly restructuring and 20% workforce cuts, and could reshape the fintech landscape.