SiriusXM closes Pandora investment
Pay-radio operator SiriusXM has concluded its $480 million “strategic investment” in music streaming service Pandora. The deal was first announced back on June 9th. Under the terms of the agreement, a subsidiary of SiriusXM purchased $172.5 million of Series A preferred stock upon execution of the agreement on June 9th 2017 and [September 22nd] purchased […]



