Paypal To Acquire Pinterest For $45 Billion, Companies In Late-Stage Talks: Report - NewsBreak

PayPal, the Silicon Valley digital payments giant, is currently in talks to acquire Pinterest in a deal valued at $45 billion, according to a report. PayPal is currently engaged in late-stage talks to buy the digital pinboard company for a potential price of around $70 per share, a person familiar with the discussions told CNBC. Sources for the New York Times say, in total, the deal could be valued at about $45 billion.