Originally Posted by
bdp.
"Sirius XM Holdings Inc, the U.S. satellite radio company controlled by John Malone's Liberty Media Corp, is seeking to invest in internet music provider Pandora Media Inc, people familiar with the matter said.
Sirius XM is negotiating a private investment in public equity (PIPE) after talks about Sirius XM acquiring Pandora in its entirety ended unsuccessfully over price disagreements, the sources said on Wednesday."
Seems like a bailout situation which will inevitably result in Liberty owning Pandora the same way they now own the controlling share of Sirius. Will probably acquire the company for a pittance.