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Microsoft Has Been Courting Pinterest: Report

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Microsoft Has Been Courting Pinterest: ReportPhoto, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

It appears Microsoft (NASDAQ: MSFT) is on the prowl again, looking for its next big deal. Mr. Softy reportedly held talks with Pinterest (NYSE: PINS) to acquire the popular social media site, according to a report in the Financial Times (courtesy of MarketWatch).

Pinterest reportedly rebuffed the offer and talks have stalled. If the deal had come to fruition, it would have marked Microsoft's biggest acquisition to date. Pinterest currently sports a market cap of more than $54 billion -- more than twice the $26 billion Microsoft spent to acquire LinkedIn back in 2016.

Image source: Pinterest.

Source Fool.com

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