Build Your Own XM/Sirius Merger Story
If you haven’t heard about the FCC clearing the XM/Sirius merger by this morning, you're late to the ballgame. Rather than write something original, Tech Daily Dose provides some helpful quotes and links so you can build your own story.
Sirius satellite radio announces equity offerings and related share borrow facility -- www.sirius.com
XM and Sirius confirm discussions to settle FCC enforcement matters -- www.siriusmerger.com
“Consumers will be better off than had the merger been granted without any conditions. At the same time, we eagerly await the details of the Commission’s order to see more closely the degree to which the conditions will serve the public interest.” -- Public Knowledge
"This sweetheart deal for Wall Street speculators is premised on a promise that a monopoly will provide consumers with lower prices, better service and more programming formats. Only members of the Flat Earth Society would buy into such specious nonsense." -- National Association of Broadcasters
"The FCC's approval of the merger of Sirius and XM undermines public radio and, in turn, the public's access to our services… The public interest is not being served in this decision." -- National Public Radio
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