SiriusXM has now capitalized on its Pandora acquisition. In a surprise move last September, Liberty Media’s SiriusXM confirmed it had fully acquired Pandora Radio. The $3.5 billion all-stock deal valued Pandora at $10.14 per share. In a conference call, SiriusXM CEO Jim Meyer explained that the acquisition would create “the world’s largest audio-entertainment company.” According to […]
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