Analysts: Sirius-XM Merger Will Happen
The Sirius-XM merger — which has gone through a long and complicated dance on The Hill and in the court of public opinion — is clearing the last hurdle. If this report is true, it is a tribute to the will of Mel Karmazin, who was front and center in this battle. From Broadcast and Cable:
”’Our contacts down there suggest that the merger will go through and it will happen in the next 30-45 days,’ said Robert Peck, Bear Stearns managing director and senior analyst, speaking Tuesday at the ISCe Satellite Investment Symposium here.”
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