Pinterest Prices $1.4 Billion IPO

Skadden is advising Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the underwriters, in connection with the $1.4 billion initial public offering of shares of Class A common stock of Pinterest, Inc. Pinterest priced its IPO at $19.00 per share, and the shares began trading on the New York Stock Exchange on April 18.