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Sirius XM Radio creditors said they preferred the U.S.
NEW YORK, July 29 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio and XM Satellite Radio today announced that they have completed their merger, resulting in the nation's premier radio company. The new company plans to change its corporate name to SIRIUS XM Radio Inc.
After more than 16 months in regulatory limbo, the planned merger between XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI) finally got the go-ahead.
U.S. regulators approved a merger Friday night between XM Satellite Radio and Sirius Satellite Radio.
Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. may get a green light on their merger if they pay about $20 million in fines, sources said.
The static over a planned merger between XM Satellite Radio and Sirius Satellite Radio may finally be clearing.
- To swell, as grain or wood with water.