PayPal could buy Pinterest - NewsBreak

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By Suzana in Business
Updated 3 years ago

It looks like PayPal is in late-stage talks to acquire Pinterest. According to Reuters, the company made a $45 billion offer on Wednesday to buy the social network. News of the potential sale was actually first reported by Bloomberg earlier. They pegged the value of the deal at approximately $39 billion, and also noted that PayPal planned to finance it mostly through stock.

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