PayPal paused venture capital portfolio sale over low offers, PYMNTS reports

PYMNTS says offers for the portfolio came in at no higher than 60 cents on the dollar.

1 Source, 24d ago, first seen 24d ago

TLDR

PYMNTS reports that PayPal paused the planned sale of its venture capital portfolio after offers came in at no higher than 60 cents on the dollar. The publisher says the pause came a week after Advent International and Stripe walked away from a PayPal buyout.

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1 Source, first seen 24d ago

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