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Technology Stocks : Satellite Radio & Competing Technologies

SIRI 21.69

-6.5%

Oct 31 9:30 AM EDT

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From: TimF	1/4/2008 3:34:30 PM
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XM-Sirius Merger on the Ropes? Reading the tea leaves of delay, Reuters reports (via Drudge) that the DOJ may be gearing up to derail the planned merger, announced 10 months ago, between the nation’s two satellite radio providers: The delay may be due to the complexity of the issues raised by the merger of the only two U.S. satellite radio companies — or because the Department of Justice (DOJ) is putting together a case to block the deal in federal court, analysts at Stifel Nicolaus said in a research note on Thursday. Alternatively, top officials at DOJ may be leaning toward approval but might still be weighing arguments from staffers who oppose the deal, Stifel Nicolaus said... techliberation.com

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