Bank of America analyst Jonathan Jacoby has weighed in on the satellite radio merger again. This time his now infamous “DC Contact” does not seem to weigh into the report. Jacoby is still down on the prospects of the merger, but he is no longer citing the “DC… → Read More
Oprah, Ripken and Others Toss in Merger Support
XM satellite Radio and Sirius, in an ExParte filing with the FCC noted that several celebrities with shows on XM have tossed their support to the merger. The new support comes from Oprah, Cal Ripken, Bill Mack, XM Deprortivo’s Andres Cantor, XM Sports Nation, and Wynton Marsalis of… → Read More
DOJ Decision Imminent
Bear Stearns analyst Robert Peck has issued a note today stating that a decision from the Department of Justice could be imminent, and may happen as soon as today or Monday. For those that recall, Peck was close to dead on target when projecting the original merger announcement…. → Read More
Congressman Joe Baca and Representative Connie Mack Express Merger Support
In filings with the Federal Communication Commission, Congressman Joe Baca, and Representative Mack have both expressed support for the proposed merger between Sirius and XM Satellite Radio. CONGRESSMAN BACA In his letter he stated, “I support the merger between Sirius and XM satellite Radio. In evaluating this specific… → Read More
Sirius and XM Notify FCC About NAB Form Letter Problems
Sirius and XM Satellite Radio have informed the FCC via an Exparte filing about the Washington Post article that exposes the National Association of Broadcasters as using pop-up advertisements to solicit the names and addresses of people, and using that data to generate thousands of Anti-Merger comments on… → Read More
Consumer Federation, Consumer Union, And Free Press Still Oppose Merger
In an Exparte filing with the FCC, the Consumer Federation, Consumer Union, and Free Press stated once again that they still oppose the merger. The filing states that even after review of all of the documentation filed that they remain of the opinion that the merger is bad… → Read More
Sirius Buzz Blew The Whistle – Post Exposes NAB
Back in August of this year I noticed something a bit funny with the comments being filed with the FCC, and wrote an article titled “Anti Merger Camp Slams FCC With Form Letter“. Because I tracked the comments on a daily basis, and have read them all, it… → Read More
Stanford Increases Merger Odds – Deutsche Bank Speaks of Timing
With regard to the proposed merger between Sirius and XM, sector watchers have two main questions: When a decision will be reached by regulators and What are the chances that regulators will approve the merger. Opinions for both are varied. The latest opinions come from Paul Gallant of… → Read More
Satellite Radio Shareholders Approve Merger
Shareholders of both Sirius and XM satellite radio voted on the proposed merger today. Both sets of shareholders voted to approve the merger. While some assumed that this hurdle was a foregone conclusion, it was nonetheless an important step that needed to happen in order for the merger… → Read More
Merger Vote Imminent
The vote on the proposed merger is scheduled for November 13th, 2007. Shareholders likely receive proxy materials for various investments from time to time, but this one differs from what you may traditionally expect. In most cases, if a shareholder fails to vote, the board is authorized to… → Read More
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