Reports: Satcasters Agree to Price Controls, Minority Channel Ownership

The satellite companies appear to be negotiating over possible conditions to their merger.
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An analyst this week told clients that XM and Sirius have agreed to lease eight channels to minority owners should their merger be approved.

The satcasters also agreed to price controls, according to analyst George Reed-Dellinger.

The satcasters weren’t commenting. They plan to release their first quarter financial reports on Monday.

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