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blobbers
on Sept 25, 2018
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SiriusXM to Acquire Pandora
Why is everyone reporting this deal is worth 3.5B. It's worth 2.5B.
umeshunni
on Sept 25, 2018
[–]
Pandora's press release says so
http://blog.pandora.com/us/siriusxm-to-acquire-pandora-creat...
"we announced that we’ve entered into an agreement to be acquired by SiriusXM, in an all-stock transaction, valued at approximately $3.5 billion"
They're presumably paying a premium on the current stock price.
blobbers
on Oct 1, 2018
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Do the math yourself.
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