Sirius plans to buy XM in $4.6 billion stock deal
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Sirius Satellite Radio plans to buy U.S. rival XM Satellite Radio for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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XM Satellite Radio Holdings Inc. , which is planning to merge with rival Sirius Satellite Radio , on Monday said its quarterly loss narrowed as it trimmed costs related to growing its base of subscribers.
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Sirius Satellite Radio Inc. and XM  Satellite Radio Holdings Inc. said on Monday they would offer a  subscription package priced 46 percent below current levels,  and would also let customers buy packages of their favorite  channels, after their proposed merger.
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Sirius Satellite Radio  plans to buy U.S. rival XM Satellite Radio  for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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Sirius Satellite Radio Inc. Friday followed its signing of radio ``shock jock&#39;&#39; Howard Stern by announcing an offering of stock and bonds that would raise $290 million.
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XM Satellite Radio Holdings Inc.  , which is planning to merge with rival Sirius  Satellite Radio , on Monday said its quarterly loss  narrowed as it trimmed costs related to growing its base of  subscribers.
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XM Satellite Radio Holdings Inc. , which has agreed to be acquired by rival Sirius Satellite Radio , posted a narrower quarterly loss as it trimmed costs, sending shares up 3 percent on Monday.
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Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. expect their merger to close by the end of 2007, according to presentation slides for an analysts' conference call on Tuesday.
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Sirius Satellite Radio announced a five-year deal with Howard Stern this morning that will bring the King of All Media to satellite radio in 2006.
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XM Satellite Radio Holdings Inc.  shares rose nearly 6 percent before the bell on Wednesday ahead of a news conference the company is holding in conjunction with Major League Baseball.
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Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. pledged on Tuesday to work with regulators to close their proposed $4.9 billion merger by year's end, seeking to calm concerns that U.S. antitrust authorities would block the deal.
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Satellite radio rivals XM and Sirius yesterday agreed to a $13 billion dollar merger that's likely to face tough opposition from antitrust regulators and could be disruptive to millions of subscribers who may have to buy new radios and accept fewer listening options.
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By SETH SUTEL Associated Press  NEW YORK -- Satellite radio rivals XM and Sirius have every intention of merging, but not just yet.   Until they clear serious regulatory hurdles, Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
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Sirius Satellite Radio plans to buy  larger U.S. rival XM for $4.6 billion in stock to bring  entertainers such as Oprah Winfrey and shock-jock Howard Stern  under one roof, but a top regulator said the deal would face a  tough time winning approval.
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XM Satellite Radio disclosed an 11-year, $650 million deal with Major League Baseball yesterday, the latest move in a costly race with rival Sirius Satellite Radio , which this month signed a five-year, $500 million deal with shock jock Howard Stern.
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By Jonathan Sidener, The San Diego Union-Tribune  Feb. 21--The proposed merger of the XM and Sirius satellite radio  networks creates confusion for consumers in the short term. That much is  clear.
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NEW YORK -- Sirius Satellite Radio Inc., which has agreed to acquire its rival XM Satellite Radio Holdings Inc., reported a narrower loss for the fourth quarter Tuesday as revenues more than doubled.