TITLE

XM and Sirius: Happy Together

AUTHOR(S)
Farrell, Mike
PUB. DATE
February 2007
SOURCE
Multichannel News;2/26/2007, Vol. 28 Issue 9, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the planned merger between media companies XM Satellite Radio Inc. (XMSR) and the Sirius Satellite Radio Inc. (SSR) in the U.S. The deal is considered as a merger of equals wherein SSR will acquire XMSR in a stock swap worth $13 billion. Each company is expected to own about 50 percent of the new company.
ACCESSION #
24972934

 

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