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Sirius XM Prepares to File for Bankruptcy

By John Johnson,  Newser Staff

Posted Feb 10, 2009 7:37 PM CST

(Newser) – Sirius XM is preparing to file for bankruptcy this week, the New York Times reports. The satellite radio company, which has more than $5 billion in assets and a stable of personalities such as Howard Stern, is working with financial advisers to prepare the Chapter...   Read full story »

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