XM, Sirius Canada offer little comment on sat rad purchase

TORONTO - XM Canada today said it is “diligently reviewing its options following the Federal Communications Commission (FCC) decision to approve a merger between U.S. companies XM Satellite Radio Inc. and Sirius Satellite Radio Inc.,” reads a Canadian Satellite Radio press release issued today. "XM Canada is in a strong strategic position to maximize any opportunities that arise for the enhanced benefit of our shareholders and customers," said Michael Moskowitz, president and CEO of XM Canada. "We are now evaluating how best to leverage the FCC's decision so that we optimize our critical, market-leading advantages, which include innovative partnerships, long-term...