Pandora Shares Spike on Report It’s Open to SiriusXM Deal Talks

READ ON: Variety
Shares of music-streaming provider Pandora shot up as much as 17% Friday, after CNBC reported the company was open to discussing a sale to satellite-radio service SiriusXM. Following the CNBC report, Reuters reported that Pandora is not undertaking any new effort to find a buyer, citing an anonymous source. That’s consistent with what Pandora execs...
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