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PayPal exploring $39bn Pinterest bid – Bloomberg

PayPal exploring $39bn Pinterest bid – Bloomberg

Pinterest shares jumped 11% on Wednesday in the wake of reports that PayPal is investigating a $39 million takeover of the social media company.

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WTF: PayPal to Acquire Pinterest for $70


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PENDING PINTEREST BUYOUT? Paypal & Elliott News Provides Hints ($PINS, $PYPL)


Activist Investor Elliott Management Takes a stake in Paypal, only a week after taking one in Pinterest. In the past, Elliot taking a stake in companies (like Twitter & eBay) has meant big changes in leadership and company direction. In this video, I discuss what this could potentially mean for a Paypal / Pinterest merger.

$PYPL #PYPL $PINS #PINS

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Resources:

PYPL WSJ Article: https://www.wsj.com/amp/articles/activist-elliott-management-holds-stake-in-paypal-11658877844

PINS WSJ Article: https://www.wsj.com/articles/elliott-sets-sights-on-pinterest-11657828800?mod=latest_headlines

Q1 Earnings Report: https://s23.q4cdn.com/958601754/files/doc_financials/2022/q1/2022-Q1-IR-Earnings-Presentation-4.27.pdf

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