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Liberty (LMCA) Chairman John Malone says Sirius (SIRI) needs to invest in developing the "next...

Liberty (LMCA) Chairman John Malone says Sirius (SIRI) needs to invest in developing the "next generation or two of (its) service," including the Internet version, and on globalizing. Malone also says he wants Sirius to use its substantial cash flow to return money to Liberty.
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Comments (7)
  • redbirdtom
    , contributor
    Comments (123) | Send Message
     
    Malone was paid back and got the 40% control by paying $12,500.00. Why would he think he needs to be paid back.....another author that has not done his homework and takes things out of context.

     

    If you are going to write about a company, do your research!
    13 Jul 2012, 07:22 AM Reply Like
  • redbirdtom
    , contributor
    Comments (123) | Send Message
     
    Why do think Malone wants to get his money back? Sirius paid back the loan and got control of 40% of the common stock through preferred shares for only $12,500.

     

    Do your research and quit taking things out of context!!!!!
    13 Jul 2012, 07:22 AM Reply Like
  • Little Apple
    , contributor
    Comments (4334) | Send Message
     
    redbirdtom

     

    You are absolutely right! Malone WAS paid back, and made billions in premiums.
    16 Jul 2012, 08:03 AM Reply Like
  • Little Apple
    , contributor
    Comments (4334) | Send Message
     
    The article that is linked (WSJ) does NOT say Malone wants his money back - Malone was paid back!
    16 Jul 2012, 08:06 AM Reply Like
  • SA Editor Yigal Grayeff
    , contributor
    Comments (346) | Send Message
     
    You are all right. Apologies for the error - it's been corrected.
    16 Jul 2012, 09:53 AM Reply Like
  • Little Apple
    , contributor
    Comments (4334) | Send Message
     
    Thanks!!!
    16 Jul 2012, 10:16 AM Reply Like
  • Roxieanne
    , contributor
    Comments (854) | Send Message
     
    Is there anyway that this initial article or comment can be scrubbed.

     

    Mis-information is not helpful
    18 Jul 2012, 11:19 AM Reply Like
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