My friend was travelling in Luxembourg and went out with this guy who said Sirius XM was a buyout target. I was so excited because I have been thinking now was the time to buy. But I am still wondering who this guy was or if he was for real. Isn't Luxebourg a tourist town? Anyhow, I bought back in because my girlfriend was so sure of herself, and I have known her like since I can remember.
Heard that SIRI was being taken over by a leveraged buyout of Yahoo Message board posters pledging their pooled shares as collateral. The new umbrella company was recently incorporated in Luxembourg as "Team Wreck Holdings", and the corporate logo prominently features a large round of aged Swiss orbited by satellites.
Now we have Outboard Yak and Ramble believing this story. I should have known that this was going to wind up as some sort of LLC.
The Duke has a ton of partnerships still available in this "joint venture".
Sign up today before I'm sold out. Your LLC certificate will look beautiful next to your Team Reg Shirt so get it while it lasts.
funny story and whoo knows, but it made me think back in 1985 i was flying for NATO AWACS and i asked was the LION painted on the tail section of all the aircraft the German Instructor said they are registerd in Luenmbourg for tax purposes, so I just googled Luxembourg here what I read.
Luxembourg is the world's second largest investment fund center (after the United States), the most important private banking center in the Eurozone and Europe's leading center for reinsurance companies. Moreover, the Luxembourgish government has tried to attract internet start-ups. Skype and eBay are two of the many internet companies that have shifted their regional headquarters to Luxembourg. Concern about Luxembourg's banking secrecy laws, and its reputation as a tax haven, led in April 2009 to it being added to a "grey list" of nations with questionable banking arrangements by the G20. Luxembourg adapted some months later the OECD standards on exchange of information and moved into the category of 'Jurisdictions that have substantially implemented the internationally agreed tax standard.
TelecommunicationsGovernment policies promote the development of Luxembourg as an audiovisual and communications center. Radio-Television-Luxembourg is Europe's premier private radio and television broadcaster. The government-backed Luxembourg satellite company "Société européenne des satellites" (SES) was created in 1986 to install and operate a satellite telecommunications system for transmission of television programs throughout Europe. The first SES Astra satellite, the 16-channel RCA 4000 Astra 1A, was launched by Ariane Rocket in December 1988. SES presently constitutes the world largest satellite services company in terms of revenue.
...best rumor award:
2.Hint of credo
5.Appeal for the greed factor
6.No name/mention of buyer by name-(good)
...$3.75/$4.25 buyout/pps would set a hook or two...
Duke - you're all wrong.
It is a group out of "Luckenbach" [Texas]. I REALLY had lunch with them last week. A couple of yuppies named Willie and Waylon, and possibly a few other 'boys' who weren't there. Apparently, they been fueding internally, but now their ready to purchase a successful business.
I know these guys are legit. They not only paid for my lunch, but sold me a piece of the Bob Bullock Texas State History Museum.
SIRI is SOLD TEXAS BABY!!
It is Lincoln Neb. You haven't heard the rumor. The entire town of Lincoln, Nebraska is giving up Big Macs for a month and going to use the money to launch a takeover of SIRI.
JM is going to sit by and let it happen.
You just bought the Brooklyn Bridge, IDIOT.