PayPal's attempted takeover bid by Advent and Stripe has been allegedly dropped, according to reports.[537646][550051] The two companies had initially proposed a deal worth over $50 billion to acquire PayPal.[537646][550051] However, it appears that PayPal's valuation was not sufficient to secure the deal.[537646][550051] The reasons behind the drop in the takeover bid are not yet clear.[537646][550051]