Bad news. Hope it will go ahead to buy the company
Advent, Stripe Consortium is Said to Drop Pursuit of PayPal, Bloomberg News Reports
Aug 27 (Reuters) - A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer $PayPal(PYPL)$, Bloomberg News reported on Thursday, citing people familiar with the matter.Reuters could not immediately verify the report.
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