Online music streaming service Pandora Media Inc (NYSE:P) has held discussions about selling itself, the New York Times reported, citing people briefed on the talks.
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Pandora is working with Morgan Stanley to meet with potential buyers, the paper reported. (http://nyti.ms/1o3taOQ)
Pandora's shares rose 7% to $8.99 on Thursday.
Pandora did not immediately respond to request for comment.
(Reporting by Kshitiz Goliya in Bengaluru; Editing by Saumyadeb Chakrabarty)