Here's why Pandora is up for sale — and why it hasn't sold yet
 

Here's why Pandora is up for sale — and why it hasn't sold yet
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Pandora Radio reportedly rejected an acquisition offer Thursday that valued the music streaming company at $3.4 billion dollars.*

Pandora thinks it's worth more than that —*$20 a share, where it hovered earlier this year, rather than the $15 a share that determined a $3.4 billion value.*

But it's still seeking a buyer.*

News first broke that the music service was up for sale in February, when it hired Morgan Stanley to explore its options.*

SEE ALSO: Pandora brings back its founder in new role as CEO and savior


Sale rumors have swirled around Pandora ever since, but the company has been unable to find a suitor that it sees eye-to-eye with on price.* Read more...

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