Billionaire George Soros has taken a position in both Sirius and XM satellite Radio. The famous investor now has 1.21 million shares of Sirius and 103,265 shares of XM. Famous for breaking the Bank of England, Soros has amassed not only a huge fortune, but a loyal following as well.
The investments into satellite radio come in the midst of the proposed merger between Sirius and XM.
Position - Long Sirius, Long XM