Back At The Boardroom Table: Sirius XM and Pandora


According to numerous media reports on Thursday (6/8), Sirius XM and Oakland, Calif.-based streaming audio company Pandora are once again talking. The key question is if Sirius XM is planning to make a significant investment in Pandora, or buy it outright.

Just two hours after the Opening Bell on Wall Street, Pandora issued a statement noting that, while an investment by KKR can close immediately, KKR and Pandora agreed to a “brief extension” of the pre-closing period and Pandora’s termination right.

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