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Pandora (P) Is 'A Hugely Strategic Asset,' Corvex Management's Meister Says

NEW YORK (TheStreet) --New York City-based hedge fundCorvex Management owns about a 10% stake in music streaming giant Pandora (P) . The firm's founder Keith Meister discussed why he is "thrilled" to be an investor in the company during Wednesday afternoon's "Fast Money Halftime Report" on CNBC.

"I think Pandora is a hugely strategic asset, as an investor I like owning it here," Meister said. Adding that Pandora's analyst day next week will be a great opportunity for the music company to "articulate their story," he noted.

"They are going to...