One topic that did not get discussed in this week’s conference call about the XM-Sirius merger announcement was Canada.
But the heads of those companies are thinking about the implications for them if the merger is approved, as the Globe and Mail reports.
A new congressional antitrust task force will hold a hearing next week on the proposed merger of radio subscription companies XM and Sirius, according to a statement from House Judiciary Committee Chairman John Conyers, D-Mich.
Sirius is still hopeful to receive regulatory approval of the proposed merger with rival XM by year-end.
Following the announcement of a merger agreement between Sirius and XM, covered in depth here earlier this week in The Leslie Report, one group states that it is ready to fight for consumer rights.
The chairman of an important antitrust panel urged the FCC and Justice Department to say no to the merger of Sirius and XM, Marketwatch reported.
XM and Sirius this week garnered the support of the Catholic archbishop of New York for their proposed merger.