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Wikipedia
On February 19, 2007, Sirius Satellite Radio and XM Satellite Radio announced a merger that would combine the two radio services and create a single Satellite Radio network in the United States and Canada.
The merger would bring both companies a to... http://en.wikipedia.org/wiki/XM/Sirius_merger
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Links
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Blogs
http://jewschool.bloxar.com/2008/06/05/monopoly-free/Monopoly free (by: jewschool) us electronics has filed a freedom of information dissemble lawsuit seeking the release of documents relating to the compliance of sirius satellite radio inc. and xm satellite transmit holdings inc. with fcc regulations.the company ...
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Definition
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Questions & Answers
Anybody have info on what the programming options will be with the XM and Sirius merger? Just wondering, I am with Sirius, but would love to be able to select some of the stations from the XM lineup. Anybody have any info?
You can only use Sirius for now but in the future can use both and pick and choose between stations, that i if it gets FCC approval.
If the XM/Sirius merger is approved, will their stock values increase/decrease and by how much?
I mean in the short term
http://investor.sirius.com/downloads/BNY37192BNY058_BITS_N_1106.pdf
read first page, that should explain what will happen to stocks
basically xm stocks will get converted to sirius
P.S. I dont think it will ever get approved...
What will XM / Sirius Merger do for Sirius share holders? I have 1000 shares of Sirius and was wondering if anyone has any other information about what will, if any benefits will do for Sirius shareholders?
joey has some good points but I will go a little more in-depth.
Sirius' stock closed Friday at $3.70 while XM closed at $13.98. XM shareholders would get 4.6 shares of Sirius stock in the deal for each share of XM they own.
The big issue is regulatory approval. If it comes through, stock should go higher, if not, better to sell this week when it heats up tomorrow.
Subscriber acquisition costs should drop and both companies have major deals with car companies, meaning that these devices are going to be more widely available.
Combine this with the strong growth in subscriptions for both companies over the last few quarters and I think Wall St. will be hot this week. Sirius should go up...I would sell and put it in something else.
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