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XM/Sirius deal OK's by DOJ

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On cnn.com and this link from drudge...

http://www.breitbart.com/article.php?id=D8...;show_article=1

 

interesting, I believe I heard that the DOJ was basically the approval they need and FCC should go along.

 

Early talk had them doing away with a lot of the overhead, ie, you really only need one 60's channel so do away with one.

Edited by SoxFan562004

I think they gave competitions a long enough try to convince the regulators that currently it is a one offering industry. One of the key questions will be what their long term plans are concerning the installed hardware. I think regulators should demand some assurance that either sets of receivers will not be made obsolete a week after the merger.

Anyone know how this will affect Sirius stock?

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