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Re: [Swprograms] XM and Sirius to merge?
- Subject: Re: [Swprograms] XM and Sirius to merge?
- From: "Richard Cuff" <rdcuff@xxxxxxxxx>
- Date: Mon, 19 Feb 2007 10:50:12 -0500
This looks legit. There are a bunch of other reports out there,
including Business Week magazine, that corroborate this.
General feeling is that it will indeed pass FCC muster on antitrust concerns.
Check here: http://www.businessweek.com/bwdaily/dnflash/content/feb2007/db20070216_470333.htm?chan=top+news_top+news+index_businessweek+exclusives
or http://preview.tinyurl.com/2eykv4.
A Google News search comes up with several similar articles.
The Wall Street Journal said this much on Saturday:
"XM Satellite Radio rose 1, or 7.7%, to 13.98, and Sirius Satellite
Radio gained one cent, or 2.8%, to 3.70, both on Nasdaq. Bear Stearns
said a proposed merger of the satellite broadcasters could likely pass
the regulatory hurdles, which would probably push them to attempt such
a move."
Richard Cuff / Allentown, PA USA
On 2/19/07, Sandy Finlayson <sfinlayson@xxxxxxx> wrote:
> I just came upon the following item. I have no idea how reliable this
> is.
>
> http://www.nypost.com/seven/02192007/business/heavenly_deal_business_pet
> er_lauria.htm
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