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SiriusXM buys Pandora for USD 3.5 billion in all-stock deal

2018-09-24 14:17:00| Telecompaper Headlines

(Telecompaper) Satellite radio provider Sirius XM has agreed to buy streaming music group Pandora in an all-stock transaction worth USD 3.5 billion. Pandora said the deal will create the world's largest audio entertainment company, with more than USD 7 billion in expected pro-forma revenues for this year and strong, long-term growth opportunities. The transaction will help SiriusXM significantly expand its presence beyond vehicles and into the home and other mobile areas, while strengthening Pandora's position in the competitive online market.

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Amazon Could Spend $3 Billion on Go Stores, Analyst Says

2018-09-21 17:27:09| National Real Estate Investor

Amazon is considering opening 3,000 AmazonGo stores, after launching its first location in Seattle in 2016.

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Italian 5G auction exceeds 4 billion

2018-09-21 02:00:00| Total Telecom industry news

Italy's ongoing 5G spectrum passed the €4 billion mark after the sixth day of bidding on Thursday, the government announced. The winners of spectrum in the 700 MHz band were decided last week…read more on TotalTele.com »

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Global OTT revenues to climb to $129 billion

2018-09-20 07:30:27| Digital TV News

Global online TV episode and movie revenues will reach $129 billion in 2023; more than double the $53 billion recorded in 2017. About $16 billion will be added in 2018 alone, according to Digital TV Research.

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Chemical distributor Univar buying competitor Nexeo Solutions for $2 billion

2018-09-19 18:13:13| Canadian Plastics Headlines

But Univar also said that it has hired an external advisor to evaluate strategic alternatives for Nexeos industry-leading plastics business, which may include a potential divestiture of the business. The post Chemical distributor Univar buying competitor Nexeo Solutions for $2 billion appeared first on Canadian Plastics.

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