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Thursday, April 12, 2007

DOJ Requests More Info On Sirius+XM Merger

XM gets DOJ request for Sirius merger info
LOS ANGELES, April 12 (Reuters)

XM Satellite Radio Holdings Inc. (XMSR.O: Quote, Profile , Research) and Sirius Satellite Radio Inc. (SIRI.O: Quote, Profile , Research) said on Thursday they received a request from the U.S. Department of Justice for additional information regarding their proposed merger.
U.S. antitrust authorities issue such a request if an initial review turns up potential antitrust problems. It requires the companies to turn up large amounts of information and is followed by a more in-depth investigation.
A spokeswoman for the Justice Department was not immediately available for comment. However, the department typically does not comment on merger investigations.

4/12/2007 06:15:00 PM


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