Angry Investors Sue Over Sirius XM's "Invalid" $3.5 Billion Pandora Acquisition

Former Pandora investors, angered and frustrated by the details surrounding Sirius XM's acquisition of Pandora, have filed a lawsuit. The lawsuit alleges that the $3.5 billion buyout of Pandora was "invalid and void" because of earlier agreements made between Sirius XM and Pandora, as well as below-board tactics used by Sirius XM-backed Pandora board members. […] The post Angry Investors Sue Over Sirius XM’s “Invalid” $3.5 Billion Pandora Acquisition appeared first on Digital Music News.