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PayPal rejects reports that it was in talks to buy Pinterest Inc

PayPal rejects reports that it was in talks to buy Pinterest Inc

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Shares of Pinterest Inc (NYSE: PINS) fell more than 15% on Monday after PayPal Holdings Inc (NASDAQ: PYPL) rejected reports that it was in pursuit of acquiring the social networking service for $40 billion to $45 billion.   PayPal shareholders cheered the news PayPal’s announcement was in response to a Bloomberg report last week that […] The post PayPal rejects reports that it was in talks to buy Pinterest Inc appeared first on Invezz.

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