Martin said over the weekend that he would support the merger after XM Satellite Radio Holdings and Sirius Satellite Radio voluntarily agreed, among a series of other concessions, to lease 4 percent of their radio spectrums, or 12 channels, for ...
The chairman of the Federal Communications Commission says he is satisfied the $3.8 billion merger of the nation's only two satellite radio companies is in the public's interest, but that's no guarantee the deal will win final approval. Two of the ...
The static may be lifting on the long-pending merger between the nation's only two satellite radio operators after a key regulator backed its approval on Monday...Martin, chairman of the Federal Communications Commission, could lead to lower prices ...
ET All Things Considered , June 16, 2008 · Support from the chairman of the FCC makes a merger between satellite radio companies XM and Sirius more likely. The full commission could vote to approve the merger sometime this week....
The Justice Department gave its approval of the deal back in March. That had already taken over a year, and then everyone turned to the FCC to get its approval. From the length of time it took, perhaps the FCC had just figured that the DoJ wasn't ...
The long-running government review of the proposed merger of the nation’s two satellite radio companies took an important step forward on Monday when the head of the Federal Communications Commission announced he would circulate a plan this week ...
ET The Associated Press The proposed merger of the U.S.'s two satellite radio broadcasters, bogged down in the regulatory process for over a year, has cleared a major hurdle, with the Federal Communications Commission chief recommending approval of ...
The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gained 9.12 points to 1,975.13 in midday trading...Light, sweet crude for July delivery soared to a trading record of $139.89 before retreating ...
the stations turn over 24 channels to noncommercial and minority programming as well as a three-year freeze on prices and packages. Both satellite stations have already accepted Martin’s conditions. “As I’ve indicated before, this is an ...
Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger...The two companies announced their merger nearly 16 months ago...Many customers have been eagerly awaiting the chance to sign up for one package ...