XM-Sirius Satellite Radio Merger Closer (NPR) Support from the chairman of the FCC makes a merger between satellite radio companies XM and Sirius more likely. The full commission could vote to approve the merger sometime this week.
FCC chief recommends OK of satellite radio deal (AP via Yahoo! News) The proposed merger of the nation's two satellite radio broadcasters — bogged down in the regulatory process for over a year — has cleared a major hurdle: The Federal Communications Commission chief is recommending approval of the $3.8 billion deal.
Sirius-XM: It's about time (CNN Money) Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. For investors and consumers, it can't happen soon enough.