Rumors of satellite radio merger denied

| About: Sirius XM (SIRI)

Sirius's CEO, Mel Karmazin, shot down rumors of a merger with rival XM.  It didn't make sense for a number of reasons (including incompatible technologies), but even the possibility raised the question:  what's the point of an irrational market share war if you lose your equally irrational opponent? Read about it.