XM/Sirius Ruling Expected Next Month
The chairman of the FCC has indicated that the government regulator will make a decision on the XM/Sirius Satellite Radio merger by the end of June. According to Bloomberg News, Kevin Martin said at a press conference on Friday that “the commission could act by the end of the second quarter” on the merger, which was agreed to in early 2007.
The matter, however, has not been placed on the agenda for the FCC’s meeting which is scheduled for June 14.
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