Sirius XM Radio still trades at premium to LMCA bid

|By:, SA News Editor

Ralph Nader speaks out about Liberty Media's (LMCA) pursuit of Sirius XM Radio (SIRI) which has stirred some debate.

The legendary consumer advocate isn't concerned about the direction of the companies involved, he just thinks the offer is too low for SIRI shareholders.

SIRI +0.8% premarket to $3.86 vs. LMCA's bid of $3.68.