Skip to Content

Pandora Is Eyeing More Bids Beyond Sirius XM

December 7, 2016

Dow Drops Back Below 12,000 On Greek Default FearsDow Drops Back Below 12,000 On Greek Default Fears
NEW YORK, NY - JUNE 15: A banner for Pandora Media Inc., the online-radio company, hangs in front of the New York Stock Exchange Spencer Platt Getty Images

Internet radio provider Pandora Media is looking at potential acquirers beyond satellite radio company Sirius XM Holdings, CNBC reported, citing sources.

The strategy could give Pandora (P) leverage if Sirius XM pursues serious negotiations about a deal, CNBC said, citing the sources.

Pandora spokeswoman Stephanie Barnes declined to comment.

Get Data Sheet, Fortune’s technology newsletter.

CNBC had first reported last week that Pandora was open to selling itself and willing to engage with Sirius XM.