DOJ
Sirius purchase of XM gets antitrust approval
Read the full article: http://biz.yahoo.com/rb/080324/xm_sirius_antitrust.html
FINALLY!!!!
The U.S. Justice Department on Monday approved the proposed $4.22 billion purchase of XM Satellite Radio (XMSR) by Sirius Satellite Radio (SIRI) after concluding a combined XM-Sirius would not harm consumers.
The deal still needs approval from the Federal Communications Commission, which is expected to follow the Justice Department's lead.
Vested Interest:
SIRI
