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Investments

Jun. 17, 2011

Pandora Debuts on NYSE

Pandora Media Inc. started trading on the New York Stock Exchange Wednesday, raising $235 million in an initial public offering facilitated by Davis Polk & Wardwell LLP and Wilson Sonsini Goodrich & Rosati PC.


By Robert Pierce


Daily Journal Staff Writer


Oakland-based Pandora Media Inc. started trading on the New York Stock Exchange Wednesday, raising $235 million in an initial public offering facilitated by Davis Polk & Wardwell LLP and Wilson Sonsini Goodrich & Rosati PC.


The company provides free Internet radio based on musical preferences, as well as a premium package that charges for access. With over 90 million registered users and a ca...

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