Â鶹×îгöÆ·

Annual report pursuant to Section 13 and 15(d)

Acquisitions and Restructurings (Tables)

v3.22.0.1
Acquisitions and Restructurings (Tables) - Pandora
12 Months Ended
Dec. 31, 2021
Business Acquisition [Line Items] Ìý
Schedule of consideration paid with the acquisition

The table below shows the value of the consideration paid in connection with the acquisition (in millions, except for exchange ratio and price per share of Sirius XM Holdings common stock):

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​

​

​

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Pandora common stock outstanding at January 31, 2019

​

272

​

Exchange ratio

​

1.44

​

Sirius XM Holdings common stock issued

​

392

​

Price per share of Sirius XM Holdings common stock as of January 31, 2019

$

5.83

​

Value of Sirius XM Holdings common stock issued to Pandora stockholders pursuant to the transactions

​

2,285

​

Value of Sirius XM Holdings replacement equity awards attributable to pre-combination service

​

70

​

Sirius XM Holdings' Pandora preferred stock investment cancelled

​

524

​

Total consideration

$

2,879

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Business Acquisition, Pro Forma Information

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​

​

​

​

​

​

​

Year ended December 31,

​

​

​

2019

​

​

​

amounts in millions

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Revenue

​

$

10,419

​

Net earnings (loss)

​

$

371

​

Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders

​

$

123

​