Stripe and private equity firm Advent International have reportedly offered to acquire PayPal for roughly $53 billion — $60.50 per share, about a 28% premium over Tuesday’s close, backed by around $50 billion in committed bank financing. The two would hold equal stakes and, per the sources, keep the company intact rather than break it up. The approach dates to April; the formal proposal landed this month, with the parties targeting an agreement by the end of July. PayPal has not responded, and there is no guarantee it closes. This is a bid, not a done deal.