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Sirius to Issue More Stock

Sirius to Issue More Stock

Hitting the stock market to raise more money, Sirius intends to issue 75 million shares of common stock. Terms and pricing are to be determined by the company, and are subject to market conditions. Morgan Stanley & Co. and UBS Warburg LLC will likely underwrite the offering.
Offers to sell shares of the company’s common stock will be made only by means of a prospectus, available from Morgan Stanley, 1585 Broadway, New York, N.Y. 10036.