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."

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

Sep 24, 2018, 2:19pm UTC
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."