Stripe, Advent make $53 billion takeover offer for PayPal, sending stock soaring

But what we know now, Kelly, is that sources are telling CNBC that the offer values PayPal in more than $53 billion as of Tuesday's close. That represented a 28% premium, but that gap is narrowing this morning with shares surging as much as 20%. Our David Faber reporting that Stripe, Advent, and Jack Dorsey's Block would contribute $17 billion in equity with roughly $50 billion in committed bank financing backing the bid.The plan here is to take PayPal private with Stripe and Advent then holding equal stake ...