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Less Than a Year After Merger, Sirius XM to Go Bankrupt?

On February 16, 2009 By JETLaw

Almost eleven months after the Department of Justice approved the merger between Sirius and XM, two companies that offered competing subscription services to satellite radio, the newly formed company, Sirius XM, faces the prospect of bankruptcy as early as tomorrow after $175 million in debt matured on Sunday. Even [...]

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