Pandora IPO Gives Company $1.3B Valuation

  • June 3, 2011
Online radio station Pandora has priced its shares between $7 and $9 in its upcoming IPO which assigns the music company a valuation of nearly $1.3 billion, reports Deals & More. Pandora allows users to pick genres, songs and musical groups and then build a radio station. Access is via a Web site or a desktop application. Pandora also has applications for the iPhone, Google's Android mobile operating system and other mobile devices.

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