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FCC says OK to Sirius’s buyout of XM radio

July 28, 2008 – 6:19 am – No Comment

The FCC ruled on a 3-2 vote that Sirius Satellite Radio can merge with XM Radio. Sirius shelled out $3.3 billion to buyout XM. The FCC says that the merger will be better for consumers in the long run.
The FCC has successfully granted a …

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