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James Hanley

Pandora in sale talks

Pandora is in talks about a potential sale. Sources say the company is working with Morgan Stanley to meet with interested parties, but the talks are preliminary and may not Pandora’s shares are yielding a market value of $1.8 billion, down from more than $7bn two years ago. The stock has fallen more than 60% since October. (New York Times) Pandora posted record revenues, as well as deep losses, in its yearly earnings report. ( ...

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