PayPal: Does An Acquisition of Pinterest Make Sense?Oct 21, 2021
You may have seen the rumors that PayPal was looking to acquire Pinterest. If you haven't, then we're happy to break the news!
But in any case, many investors are left wondering, PayPal and Pinterest, why? How do those two companies make sense together?
Add in the fact that the price tag for Pinterest's would likely be over $39 billion, and many people are left puzzled.
That's where we come in. We did all the hard and boring work for you.
With PayPal recently hitting our price target we thought it was perfect timing to get into the details on the acquisition, whether or not it makes sense and then ultimately answer the most important question: How will this affect PayPal's stock price?