Man, It has been awhile since I kept the discussion alive on the Sirius/XM merger. Recently the approval talks have been getting closer to finalization. And the fact that the FCC says they will reach a decision by the first quarter of 2008 makes me even more confident that this merger is going to go through.

"The FCC’s Kevin Martin stated in a press briefing today that the agency is anticipating a decision on the proposed merger between Sirius and XM by the end of the first quarter of 2008. Martin indicated that the FCC has not completed it’s review, and that as recently as last week they had some follow up questions for Sirius and XM.

Also indicated by Martin was the fact that the FCC may not wait for the Department of Justice to make their decision. As Sirius Buzz reported last week, it is possible that the FCC could act first, and if that happens with a positive decision, that Sirius and XM could move forward with the merger, unless the DOJ sues to block the merger. In our last article regarding the subject we indicated that we felt that the DOJ would act first, but as time passes, anything could happen."

Anyone have any insight?