PayPal says it is currently not pursuing Pinterest acquisition

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Leaves pinboard site at a crossroads.

PayPal says it is currently not pursuing Pinterest acquisition
PayPal is not pursuing an acquisition of Pinterest at this time, the digital payments company said, after several media last week reported on its talks to buy the digital pinboard site for as much as US$45 billion (A$60 billion). The latest development is a blow for Pinterest, which is ...

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