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Sirius XM to buy Pandora in $3.5 billion streaming push

8 monthes ago   |   By Reuters

Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music.
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Sirius XM to buy Pandora in acquisition valued at $3.5 billion

8 monthes ago   |   By Los Angeles Times

Subscription radio service Sirius XM Holdings Inc. will acquire streaming music firm Pandora Media Inc. in a deal valued at about $3.5 billion, the two companies said Monday. The all-stock transaction is expected to allow SiriusXM to expand beyond its expertise in in-car entertainment. SiriusXM...
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Sirius XM to buy Pandora for $3.5 billion

Sirius XM to buy Pandora for $3.5 billion

8 monthes ago   |   By New York Post

Satellite radio firm Sirius XM Holdings will buy music streamer Pandora Media in a $3.5 billion all-stock deal, as it seeks to build scale to battle heavyweight streaming rivals Spotify and Apple Music. Sirius XM, controlled by media mogul John Malone's Liberty Media, has built a name supplying more than 175 channels to car drivers,...
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Barrick Gold is buying Randgold for $6 billion in stock to create the world's largest miner

Barrick Gold is buying Randgold for $6 billion in stock to create the world's largest miner

8 monthes ago   |   By Business Insider

Barrick Gold has agreed to buy Randgold Resources for $6 billion in stock.
Barrick Gold shareholders will own approximately two-thirds of the combined company while Randgold shareholders will own the rest.
The combined entity will have a market capitalization of $18.3 billion and will operate under the branding of the Barrick Group.
Watch Barrick Gold and Randgold Resources trade in real time.
Canada-based Barrick Gold will acquire Randgold Resources in an all-stock merger for $6 billion, in a deal that makes the combined entity the world's largest gold company by production. The new...
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SiriusXM Announces Plans to Acquire Pandora for $3.5 Billion

8 monthes ago   |   By Fortune

SiriusXM is hoping to build the “world's largest audio entertainment company” with some help from Pandora.
The satellite radio company on Monday announced plans to acquire streaming music company Pandora for $3.5 billion. In a statement, SiriusXM said that the acquisition will be an all-stock transaction. Every Pandora shareholder will receive 1.44 shares of newly issued SiriusXM stock, putting a 13.8% premium on the company's average price over the past 30 days. SiriusXM hopes to close the deal in the first quarter of 2019.
Pandora is widely viewed as a pioneer in the streaming-music...
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Sirius to Acquire Pandora in $3.5 Billion Online Radio Deal

8 monthes ago   |   By Time

Sirius XM Holdings Inc. said it will acquire Pandora Media Inc. in a $3.5 billion deal, helping the satellite-radio company expand into online music.
The all-stock transaction values Pandora at $10.14 a share, about 12 percent more than the company's closing price on Friday. Sirius already has a 15 percent stake in Oakland, California-based Pandora, the companies said in a statement Monday.
The combination will help Sirius expand beyond an audience that largely listens to the satellite radio company's programs while driving. Sirius acquired a stake in Pandora last year for $480 million...
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SiriusXM is buying Pandora in a $3.5 billion deal

8 monthes ago   |   By CNN Money

The companies said the combination would create the world's largest audio entertainment company.
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