Pandora Media Inc. (P), an Internet-radio company, is open to a sale and Sirius XM Holdings Inc. (SIRI) is expected to pursue a possible transaction, CNBC's David Faber reported Friday, citing people familiar with the matter.

Shares in Pandora were up 13% at $13 a share, while shares in Sirius XM were 1.4% lower at $4.48 in morning trading in New York.

Full story at: www.cnbc.com/2016/12/02/pandora-open-to-engaging-in-talks-with-siriusxm-sources.html

Write to nymonitoring@dowjones.com

(END) Dow Jones Newswires

December 02, 2016 10:11 ET (15:11 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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