FTC Closes Investigation Of XM

November 9, 2007 (11:49 am) By Spencer Osborne

XM Satellite Radio announced today that the FTC investigation into XM’s marketing and customer services practices has been closed by the agency. The investigation has been 18 months in the working, and at the conclusion of the investigation the FTC decided to close the matter without any action. This is welcomed news for XM Satellite radio and sector watchers.

Position – Long XM

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FTC Closes Investigation Of XM

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