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The Pandora-Sirius Deal Is a Step Closer to Completion

The Pandora-Sirius Deal Is a Step Closer to Completion

When Pandora (P) agreed to be bought by Sirius XM Holdings (SIRI), it was allowed a 30-day window to go out and seek alternative acquisition proposals. In the so-called “go-shop” window, Pandora was allowed to shop itself to other potential buyers besides Sirius. With the completion of the “go-shop” process, Pandora now looks to be on track to close the Sirius deal.