Pandora warns growth is slowing, proposes follow-on offering

By Jennifer Saba (Reuters) - Pandora Media Inc warned on Monday that its business is slowing and proposed a follow-on offering of 10 million shares for capital expenditures, according to a regulatory filing. The online streaming music company also said an additional 4 million shares will be offered by Crosslink Capital Inc, a venture capital firm. Pandora shares fell almost 5 percent in after market trading after closing at $23.99 on Monday. ...



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