03-12-2015 07:48 via feedproxy.google.com

Pandora Desperately Trying to Secure $300 Million in Debt

 
Pandora, a company incinerating cash at seemingly-impossible levels, is now stretching its finances even further.  According to details first emerging on Wednesday, the billion-burning Pandora is now attempting to secure an additional $300 million in debt while its stock valuation remains guttered.The convertible debt offering, opened to creditors this week, would allow Pandora to further bankroll a grandiose roadmap that includes an on-demand subscription play and a
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