Enrique Lores

Spanish American businessperson and board member, CEO of HP Inc.

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Photo: Scriptur, CC BY-SA 2.5 (Wikimedia Commons, cropped)

Jul 15
Stripe and Advent bid $53bn for PayPal at $60.50 a share, a 28% premium
Payments processor Stripe and private equity firm Advent International offered $60.50 per share for PayPal, valuing the company above $53 billion and backed by roughly $50 billion in committed bank financing.