Stripe and Advent reportedly team up to bid for battered PayPal. Michael Burry says the offer isn’t enough.

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Stripe and Advent reportedly team up to bid for battered PayPal. Michael Burry says the offer isn’t enough.

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PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.

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