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WASHINGTON, July 29, 2008 (AFP) - US satellite radio giants Sirius and XM completed their merger Tuesday after winning a lengthy battle with regulators over concerns about market competition.
The new company formed by Sirius Satellite Radio's buyout of XM Satellite Radio, will be called Sirius XM Radio Inc.
WASHINGTON, July 26, 2008 (AFP) - US regulators formally approved the long-delayed billion-dollar merger of the nation's only two satellite radio companies, combining Sirius and XM to a single network with 18 million subscribers, media reported Saturday.
WASHINGTON, March 24, 2008 (AFP) - US authorities gave approval to a planned merger of US satellite radio groups Sirius and XM, saying the tie-up is unlikely to harm consumers or lessen competition.
The deal announced over a year ago between Sirius Satellite Radio and XM Satellite Radio would create a company serving around 14 million subscribers.