Sirius and XM to merge...

I Saw OJ

Diamond Member
Dec 13, 2004
4,923
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The article

WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR - News) and SIRIUS Satellite Radio (Nasdaq: SIRI - News) today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion.

Interesting....

And if its a repost, well too bad cause I didnt search for any.
 

RbSX

Diamond Member
Jan 18, 2002
8,351
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On a tech forum posting information a day late, jeeze who woulda thought.