Pandora to acquire Rdio’s assets for streamlining its service

The $75 million cash deal depends on Rdio seeking bankruptcy protection and gaining court approval for the deal. Rdio will wind down its service. (Source: Rdio)
Pandora says it is acquiring technology and intellectual property from Rdio and will add new features to its Internet music streaming service by late next year.
The $75 million cash deal depends on Rdio seeking bankruptcy protection and gaining court approval for the deal. Rdio will wind down its service.
It would be the second big purc