SiriusXM and Pandora have just announced their plans for acquisition. SiriusXM is offering to acquire Pandora for $3.5 billion in stock. Pandora's CEO says that the massive merger will help it to grow its ad business and subscription offerings. SiriusXM went on to state that this combination creates the world's largest audio entertainment company. The acquisition is expected to close in the first quarter of 2019.

// via Instagram SiriusXM and Pandora have just announced their plans for acquisition. SiriusXM is offering to acquire Pandora for $3.5 billion in stock. Pandora's CEO says that the massive merger will help it to grow its ad business and subscription offerings. SiriusXM went on to state that this combination creates the world's largest audio entertainment company. The acquisition is expected to close in the first quarter of 2019.