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Combined Company Has Over 18.5 Million Subscribers, Annualized Second Quarter Revenue Exceeding $2.4 Billion.
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Holders whose
Notes are accepted for payment in the tender offer will also receive
accrued and unpaid interest up to, but not including, the payment date, expected to be promptly after the offer expiration date.
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XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) today confirmed that the companies are in discussions with the Enforcement Bureau of the Federal Communications Commission to settle outstanding enforcement matters.
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Today, after months of speculation, XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. announced they have agreed to merge.
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Sirius Satellite Radio Inc. said Tuesday that it gave shock jock Howard Stern an $82.9 million stock bonus after the satellite radio service provider beat a subscriber target set two years ago when it lured the star shock jock away from terrestrial radio.
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