Pandora Is Said to Have Held Talks About Selling Itself ➝

The New York Times:

Pandora is working with Morgan Stanley to meet with potential buyers, said the people, who spoke on condition of anonymity. The talks are preliminary and may not lead to a deal, the people said.

For Pandora, it would be a curious time to sell. Its shares are yielding a market value of $1.8 billion, down from more than $7 billion two years ago. The stock has fallen more than 60 percent since October.

I’m still a huge fan of Pandora. And whether they end up selling or not, I hope the service will be able to continue with minimal changes.