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Liberty Media (LMCA) has won FCC approval to obtain de jure control of Sirius XM (SIRI)....

Liberty Media (LMCA) has won FCC approval to obtain de jure control of Sirius XM (SIRI). Liberty, which currently has a 49.8% stake in the satellite radio provider, says it expects to gain control of Sirius within the next 60 days. SIRI +1.3% AH.
Comments (11)
  • Faulkner already beat you to it. :)
    3 Jan 2013, 05:35 PM Reply Like
  • I wish they would do a reverse split the float is to large
    6 Jan 2013, 01:35 AM Reply Like
  • Earning will be off the hook! in addition to all the car sales. they activated all non activated radios for a while, this will bring back some subs and some radios have changed hands in private car sales and the new owners have never experienced siri, Then theres the 107 million penalties for paying off loans early last quarter that won't be there this quarter, the over 13% interest they were paying on loans is like 5% now. This is a no brainer
    6 Jan 2013, 01:36 AM Reply Like
  • Steve Faulkner Rocks!!
    6 Jan 2013, 01:36 AM Reply Like
  • Are the Sirius shares going to remain independent or will we get Liberty stock in exchange?? Anyone know yet??
    3 Jan 2013, 05:45 PM Reply Like
  • This stock is a BUY.....Look at the car sales today. Even GM was up barely.... But Ford was up good. I would imagine they will keep the SIRI stock seperate from Liberty.
    4 Jan 2013, 04:09 AM Reply Like
  • I am a 75 year old widow. I just read & pick something in my price range. I bought more Sirius shares today. I now live in Co. I love to collect Hummels & antique pill boxes.
    I was married for 40 years. I lost my husband to cancer in 95. I have 4 grand kids. They have grown up to fast! Age is 16 to 21.
    4 Jan 2013, 04:33 AM Reply Like
  • I have been wondering about that too!
    4 Jan 2013, 04:33 AM Reply Like
  • I think (SIRI) can go higher, but remember it does have a market cap of $16 billion. A six-fold would make it slightly smaller than Comcast (CMCSA). Liberty Media (LMCA) has a market cap of $14.49 billion.
    4 Jan 2013, 05:45 PM Reply Like
  • Also, notice (SIRI)'s and (LMCA)'s stock price movement. They have been almost the same over the last 4 years. http://yhoo.it/Zm3kqL
    4 Jan 2013, 05:58 PM Reply Like
  • Thus, I would say (LMCA) is a safer buy than (SIRI).
    4 Jan 2013, 05:59 PM Reply Like
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