Payments behemoth
The companies have discussed a potential price of
This would value Pinterest at around
The price would represent a 26 per cent premium to Pinterest’s closing price of
PayPal’s shares were down about 3.5 per cent, while Pinterest’s shares were up over 10 per cent at
News of the potential deal comes months after Microsoft’s attempts to acquire Pinterest earlier this year.
It also follows Pinterest’s co-founder Evan Sharp’s plans to leave the company to join LoveFrom, a firm led by
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