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XM-Sirius Satellite Radio Merger Closer

USA :: Washington | Jun 15, 10:59 PM | Event Rating: 0
XM-Sirius Satellite Radio Merger Closer

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Event summary
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.
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Source: Washington Post | Jun 16, 10:43 PM

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 ...

Source: WLS-TV 7 | Jun 16, 6:11 PM

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 ...

Source: Los Angeles Times | Jun 16, 6:08 PM

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 ...

Source: National Public Radio | Jun 16, 4:13 PM

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....

Source: Tech Dirt | Jun 16, 2:44 PM

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 ...

Source: The New York Times | Jun 16, 1:34 PM

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 ...

Source: Canadian Broadcasting Corporation | Jun 16, 12:34 PM

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 ...

Source: International Business Times | Jun 16, 11:28 AM

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 ...

Source: Money Morning | Jun 16, 10:50 AM

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 ...

Source: CNN | Jun 16, 10:01 AM

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 ...

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