Interesting article on SIRI

Thursday, January 24, 2008

XM, Sirius Higher; Rumor Deal Could Be Approved Soon
Posted by Eric Savitz

Shares of XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI) are higher today on rumors that the proposed merger of the two companies could win approval from the Justice Department and the FCC as soon as tonight. This is not the first time this kind of rumor has been circulated; and it hasn’t proven out so far. This time, the source is Briefing.com; the story has picked up by TheStreet.com and by CNNMoney.com

XM shares today are up 11 cents at $10.69; Sirius is up 6 cents at $2.71.