FCC Close To Backing XM-Sirius Merger

The merger of the two U.S. satellite radio companies was poised for approval as a pivotal member of the Federal Communications Commission neared agreement to cast a tie-breaking vote in favor of the deal, a source familiar with the merger review ...

A Federal Communications Commission member who sought further concessions in a pending satellite radio buyout withdrew his offer Wednesday after it failed to draw support. Democratic commissioner Jonathan Adelstein voted against Sirius Satellite ...

Federal Communications Commissioner Deborah Taylor Tate was said to be ready to cast her vote in support of the union between XM Satellite Radio and Sirius Satellite Radio , with some conditions, according to officials at the agency who spoke on the ...

Federal regulators appeared poised Wednesday to give final approval to the merger of the nation's only two satellite radio operators, which would bring together the two struggling companies after a 17-month quest. Deborah Taylor Tate, a Republican ...

Add to Portfolio Go to your Portfolio » Deborah Taylor Tate, a Republican member of the F.C.C., appeared ready on Wednesday to vote in favor of the deal, which would break a deadlock along party lines among the other four commissioners...Martin, ...

Republican Commissioner Deborah Taylor Tate will cast the deciding vote in exchange for an agreement that settles enforcement issues involving the companies and a $20 million fine, the Journal reported, citing an FCC official close to the deal. A 2-...

O>, a source familiar with the merger review said on Wednesday. FCC Chairman Kevin Martin is near an agreement to get the support of fellow Republican commissioner Deborah Taylor Tate, which would give him the three votes needed for approval of the ...

Goldman Sachs say's "New $5 price target reflects free cash flow to equity; Maintain Sell."...Adelstein would be the third of five commissioners to support the deal; a majority is needed. August option implied volatility of 124 is above its 6-month ...