Monday, October 25, 2021

PayPal says it is not pursuing an acquisition of Pinterest "at this time"; sources say PayPal discussed paying ~$70/share, valuing Pinterest at ~$45B (Shiyin Chen/Bloomberg)

Shiyin Chen / Bloomberg:
PayPal says it is not pursuing an acquisition of Pinterest “at this time”; sources say PayPal discussed paying ~$70/share, valuing Pinterest at ~$45B  —  - Potential deal would have valued Pinterest at $45 billion  — PayPal is seeking to grow beyond payments into a super app



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