Shares & Derivatives
PayPal & Pinterest Merger? Again?
By My True Freedom Diary  •  August 6, 2022
What an eventful month! Besides the busy earnings news, we also have some interesting news on the M&A front. This time, it is the potential merger of PayPal (NASDAQ: PYPL) and Pinterest (NASDAQ: PINS). The news came up after one of the world's largest activist fund managers, Elliott Investment Management has disclosed its significant stakes in both companies recently. This is understandable as the investment firm is a well-known activist fund and these two acquisitions came about in a rather unprecedented time too. Apparently, the market loves it when the news is announced; both stocks have shown pretty decent rise in their share prices. See below. However, this is not the first time PayPal is rumored to be keen in acquiring Pinterest. Could this be the last draw required to bring these two firms together? (tweet it) So far, the signs...
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By My True Freedom Diary
Hello Friends, Welcome to my personal blog. Since young age, I’ve been wondering if there is a way for us to break out of the rat race that the world has established for us. Many years have since passed and while I have experienced several ups and downs, the passion to look for the answer still continues. As Confucius quoted: “Our greatest glory is not in never falling, but in rising every time we fall.” This is true because I truly believe there must be a way. So, while I am on this journey, I thought it will be good if I can share it along the way and hopefully you will find it helpful for your own journey too. With that, I shall wish you good luck and let's press on together!
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