Sirius Yin/Yang: Howard poised to sell, Mel to buy
After just three days on the job at Sirius, reports surfaced yesterday that Howard Sternwas moving to sell the roughly $200 million in stock that he received as part of his five-year deal with the company. Somewhat expectedly, the stock dipped almost six percent on that news.
Today news broke that Sirius CEO Mel Karmazin is in a buying mood – acquiring a million shares of the company for $6.2 million – a move that reversed yesterday’s 5.9
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