Activist investor Elliott invests $1B into Pinterest to fund stock buybacks; PINS jumps 7%+
Pinterest adds Elliott Management's Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a 9%+ stake in Pinterest
Sarah E. Needleman / Wall Street Journal :
Microsoft acquires Two Hat, a content moderation provider that has helped improve Xbox communities for the past few years
although CoMo service providers do have a habit of being acquired by giants, suggesting that this is where smaller platforms may need to go knocking for tech that is otherwise out of reach for them......
PayPal says it is not pursuing an acquisition of Pinterest “at this time”; sources say PayPal discussed paying ~$70/share, valuing Pinterest at ~$45B
Shiyin Chen / Bloomberg :
Sources: PayPal has approached Pinterest about an acquisition, potentially valuing it at $39B; Pinterest stock had dropped 16% this year but is up 10%+ today
PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., people with knowledge of the matter said, Bloomberg News reports.
Sources: PayPal has approached Pinterest about an acquisition, potentially valuing it at $39B; Pinterest stock has dropped 16% this year
PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., people with knowledge of the matter said, Bloomberg News reports.
Sources: Pinterest is currently in ongoing talks to acquire VSCO
New York Times :
Sources: Pinterest is currently in ongoing talks to acquire VSCO
The discussions between the digital pin board company and the app that inspired the “VSCO girls” trend are ongoing. — SAN FRANCISCO — Pinterest has held talks to buy VSCO, a photography app that spa...
Sources: Microsoft made an offer to acquire Pinterest in recent months; source says the talks are not active right now
Microsoft approached Pinterest in recent months about a potential deal to acquire the $51bn social media company popular with hobbyists posting home decor …
Pinterest is canceling its 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward remote work amid the pandemic
Pinterest terminated its massive 490,000-square-foot lease at San Francisco's unbuilt 88 Bluxome project, citing a shift toward more remote work amid the coronavirus pandemic.