Pandora To Buy Ticketfly for $450 Million in Cash, Stock
Pandora agreed to buy live events technology company Ticketfly, the acquirer said in a news release Wednesday. The acquisition "will solve the longstanding problem of event discovery" by connecting Pandora users to live events, and will "strengthen the bond between…
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artists and their fans," said Pandora. The transaction is valued at about $450 million, with a nearly equal balance of cash and stock, it said.