Sirius, XM Merger Approved By Justice Department

Posted on Mar 25, 2008

Sirius and XM Sitting In A Tree… The United States Justice Department has announced that it has approved the merger between Sirius and XM satellite radio companies. The news comes after a year of deliberations on whether or not the merger would hurt consumers. The Department of Justice concluded that an XM-Sirius merger was not anti-competitive due to the fact that other media companies such as Clear Channel and Apple served as...