Pandora acquisition approved

Emailed on February 1, 2019 in The Friday Forward

Pandora  announced this week that shareholders have approved its $3.5 billion acquisition by SiriusXM.

After the closing, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra and Chief Human Resources Officer Kristen Robinson.

SiriusXM CEO Jim Meyer will lead the combined company.

Customers can expect to see new offerings like subscription packages with both SiriusXM radio and Pandora streaming music included or Pandora’s content made available through SiriusXM’s car radio distribution channels.

Sean Steigerwald