Re: [Swprograms] Fwd: [ODXA] Sirius and XM Merge

["Scott Royall" <royall@xxxxxxxxxxxx>]

This is nothing but bad news in my view. When does creating another monopoly
controlling a finite resource serve the public trust?

-----Original Message-----
From: swprograms-bounces@xxxxxxxxxxxxxxxx
[mailto:swprograms-bounces@xxxxxxxxxxxxxxxx] On Behalf Of Richard Cuff
Sent: Monday, February 19, 2007 3:55 PM
To: Shortwave programming discussion
Subject: [Swprograms] Fwd: [ODXA] Sirius and XM Merge

I run off to a meeting at work, and look what happens...

Richard Cuff / Allentown, PA

---------- Forwarded message ----------
From: Fred Waterer <programming_matters@xxxxxxxx>
Date: Feb 19, 2007 3:41 PM
Subject: [ODXA] Sirius and XM Merge
To: dxld@xxxxxxxxxxxxxxx, odxa@xxxxxxxxxxxxxxx


http://biz.yahoo.com/prnews/070219/nym038.html?.v=75

  WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM
Satellite Radio (Nasdaq: XMSR - News) and SIRIUS Satellite Radio
(Nasdaq: SIRI - News) today announced that they have entered into a
definitive agreement, under which the companies will be combined in a
tax-free, all-stock merger of equals with a combined enterprise value
of approximately $13 billion, which includes net debt of approximately
$1.6 billion.

  Fred Waterer


To those of you who seek lost objects of history, I wish you the best
of luck. They're out there, and they're whispering. - Clive Cussler

http://www.doghousecharlie.com

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-- 
Richard Cuff / Allentown, PA  USA

International broadcasting / shortwave blog:
http://www.intlradio.blogspot.com
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