The FCC announces that any parties that oppose Liberty Media's (LMCA +0.7%) proposal to take...

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

The FCC announces that any parties that oppose Liberty Media's (LMCA +0.7%) proposal to take over Sirius Radio XM (SIRI +2.7%) have until November 1st to file their initial protest with the agency. With the merger now all but imminent, shares of SIRI have ripped to a 4-year high today, helped in part by BofA's Jessica Reif Cohen who launched coverage with a Buy rating on the "compelling" stock.