Quoted in NYTimes: Pandora Is Said to Have Held Talks About Selling Itself

Link: http://www.nytimes.com/2016/02/12/business/dealbook/pandora-is-said-to-have-held-talks-about-selling-itself.html?smid=nytcore-iphone-share&smprod=nytcore-iphone

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Pandora, whose stock has fallen more than 60 percent since October, is said to be working with Morgan Stanley to meet with potential buyers.

“It has lots of users but can’t grow revenue quickly enough,” said Erik Gordon, a professor at the Ross School of Business at the University of Michigan. “It is another stumbling pioneer.”

Erik Gordon
Ross School of Business
University of Michigan

Erik Gordon
Ross School of Business
University of Michigan

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