Negative
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Proactive Investors
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about 2 months ago
PayPal Holdings Inc (NASDAQ:PYPL, XETRA:2PP) shares opened about 15% lower on Friday after Stripe and private equity firm Advent International abandoned their multi-month pursuit of the digital payments company, according to reports. The consortium, which reportedly also included Block founder Jack Dorsey, had offered $60.50 per PayPal share in mid-July, valuing the company at roughly $53 billion.