Merger Approval Possible Today
The Washington Post is quoting an FCC source that the conclusion may come today.
“The agency is expected to approve the merger and a decision could come as early as today on the XM-Sirius merger, according to an official at the FCC. The source, who spoke on the condition of anonymity because merger review is ongoing, said Chairman Martin is preparing to fine the satellite radio operators for failing to abide by rules to offer interoperable radios for their technologies. That enforcement action has been a condition pushed by Tate. “
[ Via Washing Post ]
What happens to my XM calls when this closes … will they be turned into odd sized sirius calls or what ?
Less than 8 minutes ’til the closing bell…perhaps waiting until the market is closed?
I don’t know why it wouldn’t come in AH today. The cats basically out of the bag, she really has nothing to hold out for at this point.