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Sirius/XM Hope for Year-End Close

Both XM and Sirius believe the merger is on track to close by the end of this year or early next.

Both XM and Sirius believe the merger is on track to close by the end of this year or early next.

If regulators approve the deal and it closes by year-end, as the satcasters hope, Sirius CEO Mel Karmazin said Sirius/XM should be able to offer some of its lower cost subscription packages by Father’s Day 2008, and then its a la carte offerings, which require a new radio, by next Christmas.

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