Federal Communications Commission staffers agreed to examine the $13 billion merger of XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., though a key agency official acknowledges that it will be a difficult review.
“The hurdle here, however, would be high as the commission originally prohibited one company from holding the only two satellite radio licenses,” said FCC Chairman Kevin Martin in a statement.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
For questions call 1-877-256-2472 or contact us at [email protected]