Originally Posted by
VegasMatt
Thats why they wont be around in two years
I find that hard to believe. Sirius has toooo much money out there to be buying anyone. They need to get more money coming in instead of going out. All I see is sirius leaving real soon.
haha Owned. Happend a lot sooner than I thought.
NEW YORK - XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. have agreed to merge, the two companies said Monday.
The deal would consolidate the only two companies in the emerging business of subscription-only satellite radio, and is sure to face tough scrutiny from federal regulators. Investors and analysts have been speculating about a deal for months.
The two companies said in a statement that Mel Karmazin, the CEO of Sirius, would become chief executive of the new company.
Now Sirius needs to fire Dopey and Anthony and keep the Sirius name.
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