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The $53 Billion Question Hanging Over PayPal: How a Rejected Bid Became the Market's Only Metric
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The $53 Billion Question Hanging Over PayPal: How a Rejected Bid Became the Market's Only Metric
There is a peculiar arithmetic at work in PayPal’s current valuation. In July, Stripe and Advent International tabled a joint offer of $60.50 per share — roughly $53 billion in total — and were turned away by the board, which deemed the price inadequate. Yet the market now trades the stock at levels that suggest […] The post The $53 Billion Question Hanging Over PayPal: How a Rejected Bid Became the Market’s Only Metric appeared first on NewsCas…
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