Source: http://www.flightglobal.com/blogs/hyperbola/2012/09/liberty-about-to-take-control.html
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Wednesday, September 5, 2012
Liberty is about to take control of Sirius-XM satellite radio operation ...
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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