SiriusXM CFO Eyes Q1 Close as DOJ, SEC Review Planned Buy of Pandora
SiriusXM is working through approvals at DOJ and the SEC toward anticipated Q1 completion of buying Pandora for about $3.4 billion (see 1809240030), Sirius Chief Financial Officer David Frear told a Credit Suisse investors conference Tuesday. SiriusXM's free three-month trials…
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of its streaming services to Amazon smart-speaker owners (see 1810240034) is an “opportunity here to diversify our distribution” and attract consumers who wouldn’t listen in the car, he said. “We’re also happy to deepen engagement with our existing subscriber base.”