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A judge has denied a request from Sirius XM (SIRI) shareholders to stop Liberty Media (LMCA)...

  • Wednesday, August 22, 2012, 5:24 PM ET
    A judge has denied a request from Sirius XM (SIRI) shareholders to stop Liberty Media (LMCA) from acquiring a controlling stake via further share purchases. Last week, Liberty filed an application with the FCC to be granted de jure control of Sirius. (more)
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This news story has 3 comments:

  •  
    I learned a long time ago stay where the power is; I question the $5 price; eventually a slight rise, but an overnight sensation is NOT Malone's style
    The play is LMCA; you get the best of both worlds. ...
    22 Aug 2012, 08:03 PM Reply Like
  •  
    Looks like the Siri shareholders can kiss the value of their stock goodbye. Liberty Media will use SIRI as their cash cow forever. In my lifetime, I have never witnessed shareholders of a stock be abused to the extent that Siri shareholders have been subjected to. Just when we finally thought we saw daylight, LMCA shows up. Liberty Media, it they had any decency, should just file for bankruptcy and leave Sirius alone.
    22 Aug 2012, 10:30 PM Reply Like
  •  
    What happens to the Siri share price if liberty gets control?
    22 Aug 2012, 10:38 PM Reply Like
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