George Soros Buys Stake in Sirius and XM Satellite Radio

Billionaire George Soros has taken a position in both Sirius and XM satellite Radio. The guru 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.

Disclosure: Long Sirius, Long XM

Comments

[Diarmaid:]

I wish Soros would quit funding anti-American whacko groups like Moveon.org. I might be less inclined to think of him as the anti-christ if he did. You don't see Warren Buffett supporting RUCKUS and so forth

2007 Nov 20 04:46 PM