Wednesday, September 12, 2007

Chances of XM, Sirius merger looks better

Make that much better. And it always helps to have Wall Street in your corner. Analysts are predicting that the XM/Sirius merger may go through as soon as next month, and it looks like the chances of the deal going though looks better than ever - inconceivable when it was announced last February.

The FCC however, said that it will review the merger as soon as the 180-day comment period by year's end. In order for the merger to go through the FCC and the Justice Department must approve the deal.

T Dog Media Blog Think Tank: Could XM/Sirius merger mean more consolidation?

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