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Topic

Mergers and Acquisitions

The market for corporate control, including takeover bids, leveraged buyouts, and the negotiation and collapse of deals.

Current clusters

invest10 publishers

PayPal keeps half of the takeover premium after Stripe and Advent walk away

The $60.50 offer is gone, PayPal closed at $53.66, and roughly half the premium the bid created is still in the price, leaving a $1.5 billion cost programme to justify what the market has not yet given back.

Perspective Coverage

10 publishers
Builder
Builder 13%
Operator
Operator 32%
Investor
Investor 55%

Reality

Evidence72
Adoption
Insufficient
Hype gap−8
Incentives68
Confidence74