https://www.live-feeds.com/feed/paypal-shares-sink-on-reports-advent-stripe-consortium-walks-away-from-bidContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/paypal-shares-sink-on-reports-advent-stripe-consortium-walks-away-from-bidhttps://www.live-feeds.com/feed/paypal-shares-sink-on-reports-advent-stripe-consortium-walks-away-from-bid#u52126Sun, 30 Aug 2026 07:16:18 +0000PayPal shares fell between 15% and 16% in premarket trading after a consortium consisting of Advent and Stripe abandoned its pursuit of the company. The collapse of the acquisition plan follows reports that the consortium walked away from the deal. While some reports value the abandoned buyout at $50 billion, others indicate the PayPal board rejected a $53 billion offer because they declined to engage with that specific price.Why it mattersThe potential acquisition would have merged PayPal with major fintech players. The failure of the deal leaves CEO Enrique Lorenzoni to lead the company inde