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Sirius, XM Stocks Rise as Merger Looms

Analyst predicts Justice Department won't block Sirius from buying XM

By Laila Weir,  Newser User

Posted Nov 30, 2007 1:16 PM CST

(Newser) – XM Satellite Radio and Sirius stock prices got a boost Friday when an analyst predicted the Justice Department won't block Sirius from buying out the larger XM. Morning trade saw XM shares jump 9.4% and Sirius shares 4.6%, reports CNN. The analyst said...   Read full story »

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