Approvals on Sirius, XM merger still uncertain: USA Today

NEW YORK – Research firm The Stanford Group says there’s a 60% chance and Goldman Sachs puts the odds at just 30% that a merger between satellite radio rivals Sirius and XM will get approval, according to an article in USA Today. It needs FCC approval and the U.S. Justice Department could also challenge the deal on the grounds it would create a monopoly. Sirius announced an agreement last February offering stock currently worth about $5 billion for XM. Canadian companies so far have refused to speculate on what a merger would do to XM and Sirius in Canada. Several analysts were...