Angry Investors Sue Over Sirius XM’s “Invalid” $3.5 Billion Pandora Acquisition

Digital Music News Marsha Silva

Former Pandora investors, angered and frustrated by the details surrounding Sirius XM’s acquisition of Pandora, have filed a lawsuit. The lawsuit alleges that the $3.5 billion buyout of Pandora was “invalid and void” because of earlier agreements made between Sirius XM and Pandora, as well as below-board tactics used by Sirius XM-backed Pandora board members. […]

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Marsha Silva