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A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.

A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.
Key Points

PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.

PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.
Advent (ORG) PayPal (ORG) Stripe (ORG) Advent International (ORG)
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