PayPal eyes $40 billion plus takeover of Pinterest, reports Bloomberg - Part 2

Monday, 25 October 2021, 3:11 pm

Well, Bloomberg's story about PayPal's potential $40 billion plus takeover deal of social media site Pinterest appears to have ended as quickly as it started.

Last night PayPal issued a statement, saying: "in response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that it is not pursuing an acquisition of Pinterest at this time."..


Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation