The inevitable has finally happened and Liberty Media (LMCAD) has taken majority control of...

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

The inevitable has finally happened and Liberty Media (LMCAD) has taken majority control of Sirius XM Radio (SIRI) by increasing its stake to 50.7% after acquiring 50M shares at $3.15 each. Liberty has said in the past that Sirius should improve its technology and expand internationally.