PYPL/long
Stripe + Advent offer to buy PayPal at $60.50/share — a 27% premium to current price drives PYPL higher.
*STRIPE, ADVENT OFFER TO BUY PAYPAL FOR $60.50/SHARE: REUTERS
Peak+16.2%
Breaking Reuters report of a Stripe + Advent offer to buy PayPal at $60.50/share — a ~27% premium — routes cleanly to a single PYPL long on Robinhood shares.
original*STRIPE, ADVENT OFFER TO BUY PAYPAL FOR $60.50/SHARE: REUTERS