MediaBuyerPlanner: The FCC should wrap up its review of the potential XM-Sirius merger by the end of the year, according to commission chairman Kevin Martin.
The combined value of the new company – if approved – would be about $13 billion, including net debt of about $1.6 billion, and would have about 14 million subscribers, writes Mediaweek. The Justice Department, which looks at whether the deal will be anti-competitive, and the FCC, which decides if the deal is in the public’s interest, must both approve the merger.
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- Analysts Mixed on XM/Sirius Merger Prospects
- NAB Continues to Fight XM/Sirius Merger
- FTC Fails to Block Whole Foods Merger, Could Be Good News for XM
- Sirius, XM Unveil a la Carte Pricing Plans for Post-Merger
- Bear Stearns Analyst Thinks XM-Sirius Merger Will Pass
- FCC Hears Comments on Sirius-XM Merger
- FCC Invites Comments on Sirius/XM Merger
- FCC Says No Way to Sirius, XM Merger
