Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Stripe and Advent abandoned their $50 billion pursuit of PayPal

PayPal stock tumbled as much as 16% in premarket trading Friday after the consortium walked away from what would have been one of the largest leveraged buyouts ever

Stripe and Advent abandoned their $50 billion pursuit of PayPal

We haven't written up this one. Quartz has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at qz.com →

More in Finance & Markets

More from Friday 28 August →