NEW YORK--(BUSINESS WIRE)--Rowley Law PLLC is investigating potential claims against Pandora Media, Inc. (NYSE: P) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Sirius XM Holdings Inc. Stockholders will receive 1.44 shares of Sirius XM Holdings Inc. common stock for each share of Pandora Media, Inc. common stock that they hold. The transaction is valued at approximately $3.5 billion and is expected to close in the first quarter of 2019.
If you are a stockholder of Pandora Media, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/pandora. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.