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SiriusXM Satellite Radio to Buy Pandora for $3.5 Billion to Get Into Music Streaming Business

Nowadays, digital music streaming is enterprise, and the satellite tv for pc radio service SiriusXM needs in on it. So, as a substitute of constructing their very own platform from scratch, they're placing up $3.5 billion to purchase Pandora in an all-stock deal to battle heavyweight streaming rivals Spotify and Apple…