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Pandora Media files automatic shelf registration statement

Pandora Media Inc. on May 24 filed an automatic shelf registration statement for the sale of an unspecified amount of securities from time to time.

The filing covers the sale of common stock, preferred stock and warrants.

The company intends to use the net proceeds for general corporate purposes, which may include repayment of debt, acquisitions, share repurchases, working capital, capital expenditures and investments in its subsidiaries.