Sirius XM approached Pandora board about acquisition

SiriusXM Chairman Greg Maffei has recently reached out to the board of internet radio provider Pandora about a possible acquisition, accord to a Bloomberg report.

Pandora’s stock surged more than 16% on Thursday following the report.


NOW WATCH: Here’s what happens when you block someone on your iPhone

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at