Multiple reports say PayPal’s board considers a proposed takeover offer from a consortium led by Stripe and Advent as inadequate. According to sources cited by news outlets, the board has not yet issued a public response to the bid. The offer is reported at about US$53 billion. The coverage focuses on the board’s internal assessment of the terms rather than on any formal rejection or counteroffer. As of the time of the reports, the board’s position is described as “inadequate” by sources, with no details provided in the articles’ excerpts on what specifically is lacking—such as valuation, structure, or other conditions. The Globe and Mail adds that the board has not responded to the companies’ takeover bid, suggesting discussions are still ongoing and that the situation remains in a pre-decision or early decision stage. The reports do not indicate whether negotiations continue or whether other bids are being considered.