Pandora shares drop after it rejects $3.5B buyout from SiriusXM

 Wall Street quieted Pandora today following mediocre earnings and news that Pandora’s board rejected a $3.4 billion acquisition offer at about $15 per share from SiriusXM radio owner Liberty Media, according to The Wall Street Journal. That would have been a few dollars higher than its existing price, signaling high hopes for the company from leadership despite this quarter’s… Read More