According to Reuters, Pinterest (PINS) approached by Microsoft Corporation (MSFT)

  • February 11, 2021

POTENTIAL DEAL DETAILS

StockPinterest, Inc.SymbolPINS
Date Announced02/10/2021Source Reuters
TypeNews Report

Microsoft Corp (MSFT) approached Pinterest Inc (PINS) in recent months about a potential deal to acquire the $51 billion social media company, the Financial Times reported on Wednesday, citing people briefed on the matter.

Update(s):

October 20, 2021: PayPal Holdings Inc. (PYPL) is exploring an acquisition of social media company Pinterest Inc.,  (PINS) people with knowledge of the matter said.

October 24, 2021: Regarding a potential acquisition of Pinterest by PayPal, PayPal stated that it is not pursuing an acquisition of Pinterest at this time.

 

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