https://www.live-feeds.com/feed/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypalContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypalhttps://www.live-feeds.com/feed/advent-stripe-consortium-is-said-to-drop-pursuit-of-paypal#u51773Sat, 29 Aug 2026 12:52:11 +0000A consortium of Advent International and Stripe has reportedly dropped its pursuit of acquiring PayPal Holdings, Inc. This development caused PayPal shares to plummet 12-16% in premarket and morning trading. The abandoned deal could have valued PayPal at over $50 billion.Why it mattersThe collapse of the acquisition talks has significant implications for PayPal, which has been exploring strategic options. The company's stock has experienced substantial fluctuations amid speculation about its potential sale or partnership. This news comes as investors reevaluate PayPal's market positi