PayPal Says It Is Not Pursuing Pinterest ‘at This Time’

3 years ago 334

PayPal said it is not pursuing an acquisition of integer pinboard tract Pinterest “at this time” pursuing reports it was successful discussions.

Bloomberg had reported past week that the payments institution had approached Pinterest astir a imaginable deal, based connected a $70-a-share valuation for the societal media company, which would person fixed it a $45 cardinal marketplace capitalization.