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Monday
Feb192007

A rumor no longer: XM & Sirius in Final Merger Talks

Mel Karmazin, currently chief exec of Sirius, would become chief exec of the combined company. Gary Parsons, currently chairman of XM, would become chairman.

While it may be a merger of equals, don't hold your breath: it sill needs to make it passed the FCC and FTC.

[via WSJ]

[tags]Sirius, XM, Satellite Radio, Mergers[/tags]

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