PayPal board sees Stripe-Advent offer as inadequate, sources say

(Refiiles to remove duplication of Stripe no comment)By Milana Vinn and Manya SainiJuly 16 : PayPal’s board sees a $53 billion takeover bid by rival Stripe and private equity firm Advent International as undervaluing the company and facing regulatory and financing hurdles, a person familiar with the matter said, potentially setting the stage for negotiations over the future of the U.S. payments giant.PayPal has not formally responded to the proposal, two other sources said. The consortium's bid comes as PayPal, founded in the late 1990s, has struggled in recent years to compete against rivals like Apple Pay and Google Pay, with management trying to revive its flagging share price in the face of slowing growth. Combining Stripe and PayPal, the most widely used payment platforms for internet