During the past week Sirius Satellite Radio Inc (Nasdaq: SIRI) and XM Satellite Radio (Nasdaq: XMSR) stocks have both gained ground over recent optimism in their merger.\u00c2\u00a0 One Citigroup analyst, Eileen Furukawa, has even stated that the merger prospects are likely to be about 69% by December 5th.\u00c2\u00a0 Meanwhile, both stocks have been priced at much lower probabilities of the merger occuring.\u00c2\u00a0 Some have said that the Sirius stock has a 41% chance of merger built into the price while the XM stock has a 29% chance of the merger occuring built in the price.\u00c2\u00a0 Because of this, this analyst continues to put both companies as a “buy” and only time will tell whether they are right.<\/p>\n
With the recent supporters of the merger from Members of Congress, consumer advocates, and Kia Motors\u00c2\u00a0 all voicing that they are in favor of the merger I believe the FCC will do the right thing and allow the merger to take place.\u00c2\u00a0 The reason why I really like the merger is for the possibility of getting the benefits from both services.\u00c2\u00a0 I would really like to listen to the NHL broadcasts but that requires XM but I don’t want to leave behind all the benefits of Sirius.<\/p>\n","protected":false},"excerpt":{"rendered":"
During the past week Sirius Satellite Radio Inc (Nasdaq: SIRI) and XM Satellite Radio (Nasdaq: XMSR) stocks have both gained ground over recent optimism in their merger.\u00c2\u00a0 One Citigroup analyst, Eileen Furukawa, has even stated that the merger prospects are likely to be about 69% by December 5th.\u00c2\u00a0 Meanwhile, both stocks have been priced at … Continue reading Optimism Over Sirius – XM Merger<\/span>