Liberty Media (LMCA +0.5%) closes a deal to buy 302M shares of Sirius XM (SIRI -2.7%) at $2.15 a...

|About: Liberty Media Corp (LMCA)|By:, SA News Editor

Liberty Media (LMCA +0.5%) closes a deal to buy 302M shares of Sirius XM (SIRI -2.7%) at $2.15 a pop to take its stake up to 45.2%. The move follows a string of maneuvers by Liberty aimed at gaining "de facto" control of Siri.