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Sirius XM Holdings Inc. Message Board

  • uddi_uddi_javan uddi_uddi_javan May 13, 2008 7:49 PM Flag

    Honest Answers Pls!!!

    As merger is not the part of agenda for tomorrow's FCC meeting. Can they vote/decide/discuss anything which is not the part of agenda?
    Legal answers pls. All those who can merely write"Poor Bastards" stay away.

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    • Tomorrow's meeting is irrelevant. The commissioners can circulate and approve the license transfer without a meeting. That came from the horse's mouth - a lawyer on the FCC's transaction team. I spoke with him 2 weeks ago. With the larger transactions, the commissioners traditionally decide without a public hearing, because they take more meetings with the companies and stakeholders... and they're well versed in the various issues. A public meeting BEFORE the decision is pointless, particularly when there has been massive public comments. They may hold a public meeting AFTERWARDS to fully explain their rationale and clarify any ambiguities in the approval document. As it was explained to me - the various commissioners' staffs have been meeting regularly to discuss the issues on behalf of the commissioners. The positions of each are not unknown. It's now a matter of negotiating a settlement/ set of conditions that will garner the most votes. Martin wants a 5-0, so this thing continues to drag on. And, unless Adelstein and Copps get concessions to make their constituencies happy, it could take awhile longer.

      Keep an eye on the Items on Circulation page of the FCC's website. The approval/denial document will be noted at the bottom of the table while it's being circulated.

    • Maybe someone will ask a question during Q&A.

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