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Liberty To Convert Shares To Gain Control Of Sirius-WSJ

|Includes:LMCA, Sirius XM Holdings Inc. (SIRI)

It looks like John Malone is moving forward with his plan to fully control Sirius XM Radio (NASDAQ:SIRI). This was without a doubt one of the finest investment of the financial crisis. Malone owns some very valuable assets within his media empire and I'll be curious how he leads Sirius, which is without a doubt a great product, but one that is facing increasing competition from online competitors.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: SIRI, LMCA