SiriusXM Canada mulls takeover bid

TORONTO - Satellite radio provider Sirius XM Canada Holdings Inc. has confirmed that it is in talks that could lead to the company going private.Responding to a Globe and Mail report (subscription required) that valued the company at approximately $750 million, Sirius XM Canada confirmed Friday that it has been approached on a preliminary basis regarding a “potential corporate transaction”.“The Company has not received a binding proposal and is in early stage discussions as to the viability of such potential transaction”, reads the statement. “There can be no assurances that a definitive transaction will result from any such proposal. The Company...