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SiriusXM buys Pandora for USD 3.5 billion in all-stock deal

2018-09-24 14:17:00| Telecompaper Headlines

(Telecompaper) Satellite radio provider Sirius XM has agreed to buy streaming music group Pandora in an all-stock transaction worth USD 3.5 billion. Pandora said the deal will create the world's largest audio entertainment company, with more than USD 7 billion in expected pro-forma revenues for this year and strong, long-term growth opportunities. The transaction will help SiriusXM significantly expand its presence beyond vehicles and into the home and other mobile areas, while strengthening Pandora's position in the competitive online market.

Tags: deal usd billion buys

 

T-Mobile, Sprint agree all-stock merger

2018-04-30 08:32:00| Telecompaper Headlines

(Telecompaper) T-Mobile US and Sprint have agreed to merge in an all-share deal, creating a new major player in the US mobile market to rival Verizon and AT&T. Under the agreed terms, Deutsche Telekom will own 42 percent of the merged group, and SoftBank Group will have a 27 percent stake, with the remainder listed on the stock market. The group will be called T-Mobile, with John Legere remaining CEO. 

Tags: agree sprint merger tmobile

 
 

Sprint, T-Mobile in 'active' talks for all-stock merger - report

2017-09-20 08:39:00| Telecompaper Headlines

(Telecompaper) US mobile operators T-Mobile and Sprint are in "active talks" about a merger, people close to the situation told CNBC. The all-stock deal is expected to give T-Mobile parent Deutsche Telekom a controlling stake in the merged operator. 

Tags: report active talks sprint

 

Tesla acquiring SolarCity in $2.6B all-stock deal; expected close of transaction in Q4

2016-08-01 16:56:00| Green Car Congress

Tags: close expected deal transaction

 

Tesla makes ~$2.8B all-stock offer to acquire SolarCity

2016-06-22 06:56:00| Green Car Congress

Tags: offer makes acquire tesla

 

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