Sirius XM (SIRI +1.4%) finishes the day higher after Citigroup says that Liberty Media (LMCA...

|About: Sirius XM Holdings Inc. (SIRI)|By:, SA News Editor

Sirius XM (SIRI +1.4%) finishes the day higher after Citigroup says that Liberty Media (LMCA +0.5%) may acquire an 80% stake in the company. Citi believes an 80% ownership by Liberty would allow Sirius to use its cash flow to retire the remaining 20% of public float over next four years.