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October 20, 2021 03:58 pm

PayPal Exploring a Purchase of Pinterest, Valuing Social Media Firm at $39 Billion

PayPal is exploring an acquisition of social media company Pinterest, Bloomberg News reported on Wednesday. From a report: San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, which would value Pinterest at roughly $39 billion, one of the people said.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/0BrkwxNXnJI/paypal-exploring-a-purchase-of-pinterest-valuing-social-media-firm-at-39-billion

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