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SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5 billion, the companies announced Monday. According to the announcement, the deal will create "the world's ...
The deal calls for SiriusXM to pay the equivalent of $10.14 a share for Pandora, which rose 8.6 percent in premarket trading Monday to $9.87. SiriusXM's stock fell 2.3 percent to $6.82.
Satellite radio giant SiriusXM is buying the Oakland, Calif.-based digital radio company Pandora in an all-stock deal valued at $3.5 billion, the companies announced Monday.
Subscription radio service Sirius XM Holdings Inc. will acquire streaming music firm Pandora Media Inc. in a deal valued at about $3.5 billion, the two companies said Monday.
SiriusXM and Pandora haven’t yet settled on what a potential bundle deal will look like, but it aims to make a decision based on its tests this year. “The power of the Sirius brand and power ...
SiriusXM is buying Pandora in a $3.5 billion all-stock deal, which will create the world's largest audio entertainment company, the companies said early Monday.
After satellite radio juggernaut SiriusXM announced it had agreed to acquire internet radio giant Pandora Media Sept. 24, many music executives are still unsure whether the combined superpower ...
Satellite radio firm Sirius XM Holdings will buy music streamer Pandora Media in a $3.5 billion all-stock deal, as it seeks to build scale to battle heavyweight streaming rivals Spotify and Apple ...
Investors greeted satellite radio giant SiriusXM’s $3.5 billion all-stock deal for music streaming and recommendation firm Pandora with the stock market equivalent of boos on Monday, as the ...
(CNN Money/CBS) -- SiriusXM is buying Pandora in a $3.5 billion all-stock deal. The deal will create the world's largest audio entertainment company, the companies said early Monday. SiriusXM has ...
SiriusXM just bought Pandora for $3.5 billion.; As of now, there are no expected changes to either subscription service — even the names will stay the same. There are also no plans for cross ...