Pandora Surges on Report It's in Talks With Sirius XM

The transcript discusses Pandora's exploration of a sale, highlighting a $150 million investment from KKR and the potential for Sirius XM to acquire Pandora. Despite interest from Sirius XM, there is disagreement between Liberty Media and Sirius on the acquisition's necessity. Liberty Media's CEO, Greg Maffei, has expressed interest in buying Pandora at $10 a share. The transcript also mentions a 30-day window for a potential deal, with no clear indication of its likelihood.

What investment did Pandora receive from KKR earlier this month?

• $150 million

• $250 million

• $10 million

• $1 billion

What are the two options Pandora considered after the investment from KKR?

• Sell itself or move forward independently

• Merge with Sirius or go public

• Acquire another company or sell assets

• Close down operations or file for bankruptcy

Who was hired to sell Pandora early last year?

• Goldman Sachs

• Morgan Stanley

• JP Morgan

• Centerview

What has Liberty Media's CEO Greg Maffei publicly stated about Pandora?

• He is not interested in Pandora

• He would be interested in buying Pandora

• He wants to sell Pandora

• He plans to invest in Sirius instead

What is the current trading price of Pandora compared to the potential offer from Liberty Media?

• Above $10 a share

• Below $10 a share

• Exactly $10 a share

• Uncertain