News:Spotify drops efforts to buy SoundCloud in prep for IPO plans - report
Spotify drops efforts to buy SoundCloud in prep for IPO plans - report: "Although the two companies were in negotiations for months, any chance of a deal is said to have died in the past week, a source told TechCrunch on Thursday. Spotify was allegedly worried that buying SoundCloud would hurt its preparations for a stock IPO, which has been rumored for 2017."
IPO now, buy later?
Labels: soundcloud, spotify