XM & Sirius to announce merger today
02-19-2007, 09:23 AM
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XM & Sirius to announce merger today
NEW YORK (Reuters) - The two main satellite radio providers, XM Satellite Radio Holdings Inc. (Nasdaq:XMSR - news) and Sirius (Nasdaq:SIRI - news) are expected to announce a long-awaited merger on Monday, according to the New York Post.
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The newspaper said the two companies were negotiating over the weekend to merge the companies, a deal that is expected to be structured as a "merger of equals."
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The newspaper said the two companies were negotiating over the weekend to merge the companies, a deal that is expected to be structured as a "merger of equals."
02-19-2007, 10:47 AM
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Interesting how FCC changed its tune from...
"We won't allow a single holder for both sat radio licenses" to "the licenses could be altered, if requested".<ul><li><a href="http://biz.yahoo.com/rb/070219/xm_sirius.html?.v=2">http://biz.yahoo.com/rb/070219/xm_sirius.html?.v=2</a</li></ul>
02-19-2007, 12:50 PM
#3
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It's official
<ul><li><a href="http://money.cnn.com/2007/02/19/news/companies/xm_sirius/index.htm?postversion=2007021916">http://money.cnn.com/2007/02/19/news/companies/xm_sirius/index.htm?postversion=2007021916</a</li></ul>
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