deewcom... you have to remember what went on in the early days...
Back at the end of 2002, XM had $413 million worth of LT debt while Sirius had $569 million -- with both reach a crisis stage of...
Type: Posts; User: homer985
deewcom... you have to remember what went on in the early days...
Back at the end of 2002, XM had $413 million worth of LT debt while Sirius had $569 million -- with both reach a crisis stage of...
I was speaking theoretically -- your post sounds more like a liquidation. Barring a total disaster, it would be doubtful that Sirius would be willing to sell itself any time soon without...
After studying the Pro Forma filing a little more, I previously thought that they adjusted the total value of the spectrum from the previous $225 million to the Pro Forma adjusted $1.38 billion......
A slight correction...
The purchase price was $5.7 billion roughly (5,682,631 to be exact), but this is not what is being amortized as Goodwill.
The Goodwill amount is the difference between...
Brandon, this is not what happened. The purchase price for Sirius was based on the price of Sirius at the time the merger was announced. More specifically, the two days prior to and the two days...
As I noted on Yahoo earlier tonight... the $5.7 billion in Goodwill on the balance sheet is the purchase price that Sirius paid for XM. They will be amortizing this $5.7 billion to the earnings...