Tue, Oct 21, 2014, 1:33 AM EDT - U.S. Markets open in 7 hrs 57 mins

Recent

% | $
Quotes you view appear here for quick access.

Sirius XM Holdings Inc. Message Board

  • cmegladon cmegladon Sep 6, 2007 10:13 AM Flag

    DOJ article

    RBC: DOJ nearly ready to make ruling on XM-Sirius deal

    By David B. Wilkerson
    Last Update: 9:58 AM ET Sep 6, 2007Print Subscribe to RSS Disable Live Quotes

    CHICAGO (MarketWatch) -- The U.S. Department of Justice could be ready to make a ruling on Sirius Satellite Radio's proposed acquisition of XM Satellite Radio within the next 30 days, with a more than 50% likelihood of approval, an analyst said Thursday. RBC Capital's David Bank told clients that XM (XMSR:xm satellite radio hldgs inc cl a
    News, chart, profile, more
    Last: 13.46+0.21+1.58%

    9:57am 09/06/2007

    Delayed quote dataAdd to portfolio
    Analyst
    Create alertInsider
    Discuss
    Financials
    Sponsored by:
    XMSR13.46, +0.21, +1.6%) and Sirius (SIRI:sirius satellite radio inc com
    News, chart, profile, more
    Last: 3.20+0.06+1.91%

    9:57am 09/06/2007

    Delayed quote dataAdd to portfolio
    Analyst
    Create alertInsider
    Discuss
    Financials
    Sponsored by:
    SIRI3.20, +0.06, +1.9%) have now substantially complied with Justice's request for additional information on the transaction. He added that regulators could side with the satellite radio companies' contention that their market should be broadly defined to include MP3 players, traditional radio and other media, so as not to constitute a monopoly upon completion of the deal. Bank also remains convinced that the Federal Communications Commission, which must also vote on the proposed transaction, is unlikely to vote in conflict with the DOJ, especially after Sirius and XM pointed out family-friendly tiering plans to keep raunchier content away from children. The companies' plans to offer a la carte choice of channels should also appeal to FCC Chairman Kevin Martin, Bank said, since Martin has pushed cable television operators to make such a choice available.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
SIRI
3.33+0.06(+1.83%)Oct 20 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.