XM CEO Says Merger Will Happen

 
Read the full article: FeedTheBull Exclusive

The chairman of XM Satellite Radio Holdings Inc. said Wednesday he remains “hopeful” that the company’s $5 billion acquisition by rival Sirius Satellite Radio Inc. will close this year, although he acknowledged that time is running short.

Vested Interest: 
SIRI
Stock Symbol: SIRI SIRIUS SATELLITE Stock Price: $2.72 Todays Change: -0.08 (-2.86%)