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[Stripe and Advent Propose to Acquire PayPal for Over $53 Billion] According to a report by Jinse Finance on July 15, payment company Stripe and private equity firm Advent International have jointly proposed to acquire PayPal (PYPL.O) at a price of $60.50 per share, valuing the payment company at over $53 billion. Sources familiar with the matter stated that the offer was submitted earlier this month and has secured approximately $50 billion in committed financing from banks, representing a premium of about 28% over PayPal's closing price on Tuesday. (Jin10)

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