PayPal today beat Wall Street's earnings expectations and raised its outlook, giving it more leverage to rebuff a $53 billion takeover offer from Stripe and Advent International. Or at least to force a sweetened bid.
State of play: Shares closed at$58.32 +2.25 Tuesday, climbing 4.01% on the day, cutting the premium of the reported $60.50 offer to about 3.7%.
