Stripe and Advent are offering PayPal roughly what it was worth in 2015
The reported bid is $60.50 a share, about $53 billion. When eBay cut PayPal loose in 2015, the market said $49 billion.
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History's largest buyout closed five weeks ago. Its owner is already rearranging it.
PIF took EA private on 4 August for $55 billion, the largest leveraged buyout ever completed. Five weeks later it is weighing whether EA should be folded into the gaming platform it already owned.
The pay gap narrows after a buyout. The expensive people leave.
A Journal of Finance paper finds buyouts narrow pay gaps inside the firm, raise profitability and raise employment. The compression comes from replacing expensive managers with cheaper ones.
The CEO replacement rate is not a talent problem.
