BUZZ-Pinterest slides on tvScientific acquisition deal

Reuters12-11 22:29
BUZZ-<a href="https://laohu8.com/S/PINS">Pinterest</a> slides on tvScientific acquisition deal 

** Shares of image-sharing platform Pinterest PINS.N fall 1.5% to $27.3 premarket

** Co says it will acquire tvScientific, a connected TV performance advertising platform, without disclosing financial terms of the transaction

** Acquisition aligns with plans to drive new sources of demand and allow advertisers to reach its 600 mln monthly active users outside the platform - PINS

** Co says it does not expect deal to have a material impact on financial results

** Transaction expected to close in the first half of 2026 - PINS

** As of last close, shares were down 4.17% YTD

(Reporting by Tharuniyaa Lakshmi in BengaluruShare)

((tharuniyaa@thomsonreuters.com))

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