More national impact than local impact, but nonetheless could drive future business decisions w/broadcast radio.
The "order" is interesting; XM purchased by Sirius
Courtesy of Reuters
WASHINGTON (Reuters) - U.S. antitrust authorities approved a proposed $4.38 billion purchase of XM Satellite Radio (NasdaqGS:XMSR - News) by Sirius Satellite Radio (NasdaqGS:SIRI - News), the Justice Department said on Monday.
The deal is also being examined by the Federal Communications Commission, which is expected to follow the Justice Department's lead. The deal would combine the only two providers of satellite radio in the United States.
The "order" is interesting; XM purchased by Sirius
Courtesy of Reuters
WASHINGTON (Reuters) - U.S. antitrust authorities approved a proposed $4.38 billion purchase of XM Satellite Radio (NasdaqGS:XMSR - News) by Sirius Satellite Radio (NasdaqGS:SIRI - News), the Justice Department said on Monday.
The deal is also being examined by the Federal Communications Commission, which is expected to follow the Justice Department's lead. The deal would combine the only two providers of satellite radio in the United States.