It has been a bit over a week since the news came out regarding Sirius XM's (NASDAQ:SIRI) investment into Pandora (NYSE:P). Such a move has been the subject of wide speculation for quite some time. Pandora has been in a bit of a crunch of late and Sirius XM has been flush with cash and needed to expand itself in some form or another.
Before getting on to the longer term story here, outlining the deal is important:
