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Liberty Media (LMCA) inches ever closer to obtaining full control of Sirius (SIRI), increasing...

Liberty Media (LMCA) inches ever closer to obtaining full control of Sirius (SIRI), increasing its stake in the satellite radio company over the last few days to 48.8% from 48.1% by acquiring 40M shares for $2.53 each. The purchases come as Liberty awaits FCC approval to take control of Sirius.
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  • Roxieanne
    , contributor
    Comments (857) | Send Message
     
    When will the shoe drop? Will the FCC approve? Will current investors have their long term investments made at the same time as Malone made his investment be rewarded in this control of Sirius?

     

    Are market makers holding back this stock----based on current finances of Siri, Malone should be paying much, much more to take control. And, what does control mean? How can current investors protect their interest in Siri if Malone and group are unfair?
    30 Aug 2012, 10:22 AM Reply Like
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