Pinterest shares soar amid reports of $39bn takeover by PayPal
https://www.theguardian.com/technology/2021/oct/20/paypal-pinterest-takeover-technology-report
PayPal is reportedly exploring the acquisition of social media company Pinterest, according to Bloomberg News.
PayPal, the financial technology company based in San Jose, California, recently approached Pinterest about a potential deal that would value Pinterest at roughly $39bn, according to Bloomberg. The price is close to its market value on Wednesday. PayPal has a market cap of $304bn.
Pinterest shares soar amid reports of $39bn takeover by PayPal
Oct 21, 2021, 8:25am UTC
https://www.theguardian.com/technology/2021/oct/20/paypal-pinterest-takeover-technology-report
> PayPal is reportedly exploring the acquisition of social media company Pinterest, according to Bloomberg News.
> PayPal, the financial technology company based in San Jose, California, recently approached Pinterest about a potential deal that would value Pinterest at roughly $39bn, according to Bloomberg. The price is close to its market value on Wednesday. PayPal has a market cap of $304bn.