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Stripe's Acquisition Pace Has Accelerated in the Past Five Years, but Nothing Comes Close to Its Reported $53B PayPal Bet
Summary
- Payments giant Stripe and private equity firm Advent International have teamed up to make an offer to buy troubled PayPal in a deal valued at more than $53.
Why It Matters
A potential acquisition of PayPal by Stripe could significantly consolidate the payments industry, potentially reducing competition and increasing prices for consumers.
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