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

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

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.