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The FCC has delayed this merger so long it is no longer an attractive proposal. I think Sirius should withdraw their offer. The merger is all downside for Sirius and upside for XM. In such case, I give XM a year and they will be filing bankruptcy, then Sirius can pick up those customers with no FCC interference.
Jul 07 11:00 am
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All Comments by spr0949 »Sirius and XM Satellite Merger Set for Approval; RBC Lowers Price Targets [View article]