SiriusXM to buy Pandora in all-stock deal valued at $3.5 billion

SiriusXM to buy Pandora in all-stock deal valued at $3.5 billion

7 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/09/24/siriusxm-to-buy-pandora-in-all-stock-deal-valued-at-3point5-billion.html

Satellite radio company SiriusXM plans to acquire music streaming service Pandora in a $3.5 billion all-stock deal unveiled Monday.

The agreement includes a "go-shop" provision where Pandora "may actively solicit, receive, evaluate and potentially enter negotiations with parties that offer alternative proposals following the execution date of the definitive agreement."