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Is the Market Overlooking the PayPal-Pinterest Opportunity?

Is the Market Overlooking the PayPal-Pinterest Opportunity?

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When the news came out earlier this week that online payments giant PayPal Holdings Inc. ( PYPL , Financial) is in talks to acquire image-based social media platform Pinterest Inc. ( PINS , Financial) for around $70 per share, or $45 billion in total, the market’s reaction seemed to be a nearly unanimous “what the heck?”

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