XM and Sirius to Disclose Merger Today
The two main satellite radio providers, XM Satellite Radio Holdings Inc. and Sirius are expected to announce a long-awaited merger on Monday, according to the New York Post.More here.
The newspaper said the two companies were negotiating over the weekend to merge the companies, a deal that is expected to be structured as a "merger of equals."
Representatives of the two companies could not immediately be reached for comment.
posted by Fergie @ 2/19/2007 11:59:00 AM
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