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Paypal Pondering Purchase of Pinterest
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Business, Computers, Other
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9th - 10th Grade
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Hard
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PayPal is considering acquiring Pinterest for $45 billion, marking its largest acquisition to date. The deal, if finalized, would surpass PayPal's previous $4 billion purchase of Honey. The acquisition price is set at $70 per share, including Class B shares, valuing Pinterest at $45 billion. This move highlights PayPal's strategic expansion into social media and image sharing platforms.
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