XM & Sirius Satellite Merger in a Nutshell
XM and Sirius Satellite radio companies spend way too much on exclusive radio talent like Oprah, Howard Stern, and Major League Baseball games. For better financial health, they’re proposing a “merger of equals”, where Sirius plans to buy XM for 4.6 Billion in stock. The FCC may oppose it, worrying about an anti competitive marketplace.…