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Sirius XM Holdings Inc. Message Board

siriuslymaloned 6 posts  |  Last Activity: Feb 19, 2014 10:05 AM Member since: Jul 29, 2009
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  • siriuslymaloned by siriuslymaloned Feb 19, 2014 10:05 AM Flag

    After the merger- the value of sirius will make up about 35 percent of the combined company- so it should be worth about 1/3 the price of liberty- now giving malone a discount because of the debt of sirus which is offset by some of the nol, i figure a fair offer is 20/share based on the current liberty stock price. Hey malone- you still get a good deal- its just that you wont screw the othere 48 percent .

  • The independent board needed to hire a lawfirm to determine if the offer of valueless class c shares to the 48 percent of the shareholders of sirius was a decent offer. the class c shares have less value then monopoly money. they have zero dollars in value.

  • siriuslymaloned by siriuslymaloned Feb 19, 2014 9:58 AM Flag

    Twc said it wouldnt let malone steal the company.
    i guess the sirius independent board has no problem with malone getting the company for phoney class c shares of nothing.

  • siriuslymaloned by siriuslymaloned Feb 19, 2014 9:45 AM Flag

    John malonen has seized and personlly controlls sirius and it is his company- its not supposed to be that way. the difference between the controlling 52 percent controlled by malone and teh 48 precent that keeps them out of eqaul power is 2 percent. that 2 percent should not equate to malone destroying the other 48 percent.
    malone needs to be taught a lesson with regard to good faith and fair dealings and fiduciary responisibiliies as does the boar of dirrectors and so called independent board.

  • siriuslymaloned by siriuslymaloned Feb 19, 2014 9:39 AM Flag

    The 48 percent minority stake is only 2.1 percent away from a controlling interest.
    malone thinks he "owns" the company for that "controlling interest" he has voted himself dividends disguised as stock repurchase plans to the detriment of the monority shareholders.

  • Remember the delay by fcc to approve merger- that was inflicted by forces outside of sirius- and the reason was the nab wanted to destory sirius and had its henchmen at fcc do their bidding.

    the independant board delay is inexplicable- do they too want to destroy sirius shareprice by dragging out their deliberations on an offer which should have been rejected out of hand. - twc rejected malones low ball offer immeadiately and got a better deal. we can only conclude the board by the delay has already breached its fiduciary duties.

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