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| DOJ Approves Sirius-XM Merger (SIRI, XMSR) | | It's about time: The U.S. Department of Justice has approved Sirius Satellite Radio's (SIRI) merger with rival XM Satellite Radio (XMSR). Next up, the FCC, which must approve the deal before it closes -- and could put some conditions on the merger. From the release:
After a careful and thorough review of the proposed transaction, the Division
concluded that th [..] Read complete article |  | Published 24-Mar-2008 by Silicon in SIRIXMSRAAPL
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Sirius Satellite Radio (SIRI) completes 17 months of merger hell (thank you, FCC) with its formal acquisition of XM Radio today. The XM brand alive in the combined company's name, Sirius [..] 
Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) may yet get their merger approved after 15 months or so. At that point, who's going to care?
While Sirius and XM wait f [..] 
Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) are in final talks with the FCC to settle outstanding enforcement issues in a deal would pave the way for appr [..] 
Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) are still waiting for the FCC to give them the go-ahead to merge. Let's try to move things along, shall we? Here's the case for the merger, in visual form: Graphs of the services' growth rates, measured by total subs and net adds:
[..] 
Sirius Satellite Radio (SIRI) did a little better than its proposed merger partner XM Satellite Radio this morning, turning in Q1 results roughly in line with Wall Street estimates. SIRI ended t [..] 
XM Satellite Radio posted a wider loss fueled by higher customer acquisition costs, and blew Wall Street estimates, but CEO Nate Davis expressed optimism that its merger with Sirius Sa [..] 
