Pinterest Shareholders Should Say No to a PayPal Buyout

·4-min read
Pinterest Shareholders Should Say No to a PayPal Buyout

Of all the companies that could make a bid for Pinterest (NYSE: PINS), Paypal (NASDAQ: PYPL) was one of the least likely. While the offer represents a 26% premium over Pinterest's closing price on Tuesday before the news broke, the stock was trading near a 52-week-low at the time, and $70 a share would still be 22% below its peak in February.

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