Pandora To Buy Ticketfly for $450 Million in Cash, Stock

Pandora agreed to buy live events technology company Ticketfly, the acquirer said in a news release Wednesday. The acquisition "will solve the longstanding problem of event discovery" by connecting Pandora users to live events, and will "strengthen the bond between artists and their fans," said Pandora. The transaction is valued at about $450 million, with a nearly equal balance of cash and stock, it said.