UPDATE: 1/27/14, 9:45 a.m. EST. The names of the lead lawyers from Weil advising SiriusXM have been added to the second paragraph of this story.

SiriusXM Radio has retained Weil, Gotshal & Manges to advise a special committee of its board of directors on a $10 billion takeover bid announced earlier this month by cable giant John Malone’s Liberty Media Corp., which is being advised on the offer by Baker Botts.