XM, Sirius Merger Moving Ahead
Today was a busy day in the mergers and acquisitions market, with the news of an overwhelming vote of support for the merger of XM and Sirius balancing out the European Commission's announcement of an investigation of Google's acquisition of DoubleClick.
According to reports, 99.8% of XM shareholders voted to approve the merger, which would award each shareholder 4.6 shares of Sirius for each XM share. A similar vote was scheduled for Sirius shareholders, but results were not immediately available.
It appears the merger is close to finalization, as the Federal Communications Commission and Justice Department both seem poised to okay the move.
Justin Ryan is a Contributing Editor for Linux Journal.
- How to Calculate Flash Storage TCO
- Non-Linux FOSS: Don't Drink the Apple Kool-Aid; Brew Your Own!
- Readers' Choice Awards
- Two Ways GDPR Will Change Your Data Storage Solution
- Returning Values from Bash Functions
- Preseeding Full Disk Encryption
- Three EU Industries That Need HPC Now
- Hodge Podge
- GRUB Boot from ISO
- HOSTING Monitoring Insights