Satellite radio company Sirius XM Holdings Inc. (SIRI) has agreed to buy music streaming service Pandora Media Inc. (P) for about $3.5 billion in an all-stock deal. The transaction has been unanimously approved by both the companies’ board of directors. Following the news, shares of Pandora climbed more than 8% in the premarket session, while … Continue reading Pandora to be acquired by SiriusXM to create audio entertainment giant