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Sirius-XM merger nearing approval?

updated 04:05 pm EDT, Wed April 9, 2008

Sirius-XM merger near?

The proposed merger of the United States' two major satellite radio networks may finally be nearing completion, FCC filings show. Following an initial meeting with FCC chairman Kevin Martin in late March, records indicate that Sirius and XM Radio representatives have continued to speak regularly with Martin and other Commission officials, seeking some way of accelerating the last step in the merger's approval. The corporations already have authorization from the Department of Justice.

On Friday, a representative for Sirius is said to have had the first meeting with a non-administrative Commissioner, Deborah Taylor Tate. Exact details of the conversation are unknown, but documents point to the general topic as "pending issues raised in recent filings." [via Orbitcast]




by MacNN Staff

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