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Pandora to get financial boost with Sirius investment of $480 million

Sirius XM Holdings Inc, in an effort to get a better foothold in the internet music¬†streaming business, will invest $480 million in Pandora Media Inc. Currently, Sirius XM has a solid presence in the auto industry where its channels are offered in most new cars in the US. However, it has been lagging behind Pandora …

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