Dec
5th

XM Chairman Is Hopeful on Merger Close

Files under SIRIUS Radio, Satellite Radio, XM Radio | Posted by trn

It’s the big buzz in satellite radio and all the players concerned wait patiently for the decision  to come down. I’m talking about the merger, of course. Today, XM’s chairman said he remains “hopeful” the deal will close this year.

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.

Read the full story here…

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