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Stripe and Advent reportedly team up to bid for battered PayPal. Michael Burry says the offer isn’t enough.

Stripe and Advent reportedly team up to bid for battered PayPal. Michael Burry says the offer isn’t enough.

PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid.

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