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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: PayPal takeover talks intensify as board mulls improved bid

PayPal Holdings is at a defining moment in its nearly three-decade history as the digital payments pioneer evaluates a $53 billion takeover proposal from rival Stripe and private equity firm Advent International, according to Reuters.

The company's board is discussing the offer but believes the proposed price of $60.50 per share does not adequately reflect PayPal's value, people familiar with the matter told Reuters.

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