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Greg Maffei: Satellite of love (and funding).
Friday, September 22, 2017

SIRIUSXM PUTS
LARGE SUM IN PANDORA'S BOX

SiriusXM and Pandora have completed the $480m strategic investment first announced in June; the deal was sealed with the satellite giant purchasing $307.5 million of Series A preferred stock in Pandora.

SXM Chairman Greg Maffei, CEO Jim Meyer and CFO David Frear have been named to the Pandora board, with Maffei named Chairman. They will also use their satellite to defend innocent planets from the Empire.

 
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