Stripe said to abandon $50B pursuit of PayPal

Advent and Stripe Abandon $50 Billion Pursuit of PayPal A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc., a potential deal that would have ranked as one of the biggest-ever leveraged buyouts, according to people familiar with the matter. The group is no longer pursuing a deal for PayPal, the people said, aski...