The Traderszone Network

Published in TZ Latest News 18 May, 2016 by The TZ Newswire Staff

3 Companies That Should Buy Pandora

Instead of a fade out, the next move for Pandora Media (NYSE: P) might be a key change. Shares of the music streaming pioneer moved 6% higher yesterday, after a major shareholder voiced a desire for Pandora to seek strategic alternatives. This would result in a buyout in an ideal scenario, and as an activist investor Corvex Management would love nothing more than for its roughly 10% stake to appreciate as a result of a modest buyout premium.

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