Wednesday, January 03, 2007

Analyst Still Sees SIRI/XMSR Merger in 2007

Nothing like beating a dead horse.

Today in a note on Sirius Satellite Radio (Nasdaq: SIRI), Stifel Nicolaus analyst Kit Spring they continue to believe Sirius and XM Satellite Radio (Nasdaq: XMSR) will attempt a merger in 2007 and see $7B of merger synergies.

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