The company is working with Morgan Stanley to reach out to buyers, said the person, who asked not to be identified discussing a private matter. The talks are preliminary and may not lead to a deal, the person said Thursday before the online-radio provider reported fourth-quarter earnings that missed analysts’ estimates. Pandora and Morgan Stanley declined to comment on a potential sale. - Lucas Shaw, Bloomberg Business [via/web:http://streaming-tv.us]
No comments:
Post a Comment