Bearish Pandora Analyst Calls Deal With Microsoft A 'Fairy Tale,' Recalls Prior McAndrews Deal
February 26, 2014 at 13:48 PM EST
Albert Fried & Company believes Microsoft (NASDAQ: MSFT )/Pandora (NASDAQ: P ) story is likely a “fairy tale” and the Microsoft board is “likely to refuse a transaction with Brian McAndrews," CEO of Pandora. The firm's Tullo recalled a deal in 2012 where “Microsoft wrote down its $6.2