A surprise $53 billion joint takeover proposal from Stripe and Advent International has thrust PayPal (NASDAQ:PYPL) back into the spotlight. According to Reuters and the Financial Times, the consortium has offered $60.50 per share, around a 28% premium to PayPal’s previous closing price, with roughly $50 billion of committed bank financing already lined up. This … Continue reading PayPal faces $53bn takeover approach: bargain bid or fantasy deal?