Liberty Media CEO made offer for Pandora in recent months: WSJ

(Reuters) - Liberty Media Corp Chief Executive Greg Maffei made an offer to buy internet radio company Pandora Media Inc in recent months, valuing the company at more than $3.4 billion, the Wall Street Journal reported on Thursday. Pandora's board rebuffed the advance, because it believed the company's true value was closer to what it was in the fall, when the shares were trading around $20, the Journal said, citing people familiar with the matter. The $15 per share offer from Maffei was several