Liberty Media Corporation is on the verge of taking control of the subscription-based satellite radio broadcasting operation Sirius XM Radio Inc. Liberty has announced via a Securities and Exchange Commission (SEC) filing that it has acquired 40.5m shares in Sirius XM Radio, taking its overall stock holding to just short of 50%. Liberty has asked permission from the Federal Communications Commission (FCC) to finalise the take over.
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Liberty is about to take control of Sirius-XM satellite radio operation
By David Todd on September 4, 2012 9:45 AM | Permalink | Comments (0)
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