PayPal (PYPL) in Talks to Acquire Pinterest (PINS) in $45 Billion Deal - Report
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PayPal (PYPL) Deal for Pinterest (PINS) Would Be 'Significant Positive' - Wedbush
October 20, 2021 1:30 PM EDTWedbush analyst Moshe Katri sees the potential PayPal (NASDAQ: PYPL) deal for Pinterest (NYSE: PINS) as a "significant positive."
The analyst commented, "A possible PYPL/PINS combination would be a significant positive for PYPLs ongoing monetization... More
Mizuho 'Mixed' About Rumored PayPal (PYPL) Deal for Pinterest (PINS)
October 20, 2021 1:19 PM EDTMizuho Securities analyst Dan Dolev weighed in on PayPal (NASDAQ: PYPL) amid reports the company is in talks to acquire Pinterest (NYSE: PINS). Dolev said his first take is mixed, with some positives and some questions.
Dolev... More
PayPal (PYPL) offer for Pinterest (PINS) is mostly in stock, but final terms may change - Reuters
October 20, 2021 12:34 PM EDTPayPal (NASDAQ: PYPL) offer for Pinterest (NYSE: PINS) is mostly in stock, but final terms may change, Reuters reports.
PayPal hopes to have a deal by the time of its earnings on November 8th.
Like Bloomberg, they are reporting a $70 per share offer.
... MorePayPal in $45 billion bid for Pinterest -sources
October 20, 2021 11:41 AM EDTBy Greg Roumeliotis and Arriana McLymore
(Reuters) - PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more financial technology and social media tie-ups in e-ecommerce.
It would be the biggest acquisition of a social media company, surpassing Microsoft Corp's $26.2 billion purchase of LinkedIn in 2016.
The deal talks come as internet shoppers increasingly buy items they see on social media, often following "influencers" on platforms such as Instagram and TikTok. Acquiring Pinterest would allow PayPal to capture more... More
PayPal (PYPL) Said to Explore Purchase of Pinterest (PINS) - Bloomberg
October 20, 2021 11:25 AM EDT(Updated - October 20, 2021 11:27 AM EDT)
PayPal (NASDAQ: PYPL) is exploring an acquisition of Pinterest (NYSE: PINS), according to Bloomberg, citing people with knowledge of the matter.
PayPal recently approached Pinterest about a deal.
The companies discussed a potential price of around $70 per share, which would value Pinterest at $39 billion.
... More
