Source: press.pandora.com
Things haven’t been going well for Pandora Media (NYSE: P), with shares down more than 50% from their September 2015 high and the recent ouster of the company’s CEO. Now come calls to put the streaming service on the auction block.
Pandora may be selling, and it may have potential suitors lining up if the price is right. But there’s one company that we shouldn’t see getting in on the action: Sirius XM Holdings (NASDAQ: SIRI).