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January 27, 2005
XM and Sirius to merge?
The two biggest rivals in the satellite radio business, might be making a huge merger. It is unknown when the official deal will be signed, it could be anywhere from tomorrow to next year. Technology critics suspect it is impossible for these two companies not to merge at one point in the next year.
The two companies have talked in the past about merging, but the discussions never got to an advanced stage. But in the wake of Sirius' hiring of former Viacom President Mel Karmazin in November, the issue has gained renewed urgency, sources said.
Posted by Jon at January 27, 2005 10:15 PM