1. Sirius XM Agrees to Pay $3.5 Billion in Stock for Pandora to Create the World's Largest Audio-Entertainment Company

    Sirius XM Agrees to Pay $3.5 Billion in Stock for Pandora to Create the World's Largest Audio-Entertainment Company
    • Sirius XM has agreed to pay $3.5 billion for Pandora in an all-stock transaction.
    • The deal has an implied price of $10.14 a share, and includes a "go-shop" provision.
    • Watch Sirius XM and Pandora trade in real time.

    Sirius XM Holdings will acquire Pandora for $3.5 billion in an all-stock transaction, creating the world's largest audio-entertainment company, the two sides announced Monday...

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    1. We have long respected Pandora and their team for their popular consumer offering that has attracted a massive audience, and have been impressed by Pandora's strategic progress and stronger execution.
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