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Archive for July 24th, 2008

Finally Some Word on the Sirius/XM Deal

Thursday, 24 July, 2008

Finally! Some word on the merger of Sirius and XM. Federal regulators have reached conditional approval of Sirius’ purchase of XM, mainly since both companies are ready to shell out millions to make charges of past rule breaking go bye-bye. (Read “voluntary contributions” to the U.S. Treasury totaling about $19 million combined.)
The five-member Federal Communications [...]