PayPal Back in Play as Buyout Talks With Stripe Are Rekindled

The online payments pioneer has resumed negotiations with rival Stripe and a private-equity firm, a month after turning down a $53 billion offer.

In July, Stripe and private equity firm Advent International made a joint offer to buy the digital payments pioneer for $60.50 a share, which would have valued PayPal at around $53 billion, according to media reports. PayPal has struggled to compete with other payments providers…