Friday, February 16, 2007

Bear Stearns Thinks a SIRI/XMSR Merger Would Pass Regulatory Hurdles

Bear Stearns out with an interesting note, saying that they think both XM Satellite (NASDAQ: XMSR) and Sirius (NASDAQ: SIRI) believe a proposed merger could likely pass the regulatory hurdles, which they think would push them to attempt a merger.

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