PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
PayPal’s board thinks the $53 billion takeover might be undervaluing the stock. Should you buy the stock here?
Quick take
Read original at Yahoo Finance PayPal's board considers a $53 billion takeover bid from Stripe and Advent International to be undervalued. The bid values PayPal at $60.50 per share, a 28% premium to its July 14 closing price. PayPal has not formally replied to the proposal.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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