1. Activist Investor Elliott has Built Stake Over 9% in Pinterest

    Activist Investor Elliott has Built Stake Over 9% in Pinterest

    Activist investor Elliott Management has amassed a more than 9 per cent stake in Pinterest and is in talks with the social media company, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Shares of Pinterest soared 24 per cent in extended trading following the report, which said it could not be determined what the discussions between the parties were about. Elliott has told the company that it is its biggest investor, the report said...

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