SiriusXM is poised to acquire Pandora for $ 10.65 in stock, in a deal that has been approved by both company's boards and is expected to close monthly . However, Pandora has a "go-shop" condition, allowing it to consider other offers. SiriusXM will use both services to promote each other, while creating a subscription service that could include SiriusXM radios and Pandora . Furthermore, SiriusXM, which is popular in US vehicles, will also make Pandora easier to access in-car. Both the Pandora board and the SiriusXM board have approved the plan. Pandora has six million paid subscribers, despite having six million early next year active listeners.
SiriusXM is poised to acquire Pandora for $ 10.65 in stock, in a deal that has been approved by both company's boards and is expected to close monthly . However, Pandora has a "go-shop" condition, allowing it to consider other offers. SiriusXM will use both services to promote each other, while creating a subscription service that could include SiriusXM radios and Pandora . Furthermore, SiriusXM, which is popular in US vehicles, will also make Pandora easier to access in-car. Pandora has six million paid subscribers, despite having six million early next year active listeners.