Looks like that seemingly-desperate two month extension XM and Sirius gave each on the merger ... IT & Business Pros forum
XM / Sirius merger approved
Looks like that seemingly-desperate two month extension XM and Sirius gave each on the merger agreement paid off after all -- federal regulators have finally approved the $5B deal.
Originally Posted by hayden
That just means DoJ cleared it. It means nothing but a rubber stamp from one Govt Agency. And not all rubber stamps make people aggree. The FCC is the final say, but Sirius has said that they are competeing with free radio as well as ipods and internet radio. There is so much politicing and people like Jesse Jackson stirring there meddling hands in the pot as well.
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