mlongj

Liberty's Sirius Preferred Stake Expected to Be Spun Off

Brandon,

All I can think to say is "WoW" what an aritcle. What a possibility that Sirius could repurchase the stake from Liberty before December 31st. It is easy enough to see where Sirius could come up with the funds for such a transaction. This could be the piece of the puzzle that makes the February deal a godsend for the company. After all, as you state in the article, the relationship between Liberty and Sirius seems to be in good standing. Also, Liberty has made an enormous profit on the deal after only 8 months---why not sell it back to Sirius---it would be almost fair. It would no doubt increase the market cap for Sirius as well. I suppose we will have to wait and see what happens, but this could really turn things around quickly.

Long SiriusXM