Sirius XM Holdings Inc (SIRI)

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This article was written before he knew about the bond offering.

As of 4:00 PM ET 3/12/10
SIRIUS XM Radio (Nasdaq: SIRI) priced an offering of $800 million of Senior Notes due 2015.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO )

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Liberty Media Could Be Upping Preferred Stake In Sirius XM Radio
March 03, 2010 By: king1

This is the end of the article. It is very long, link is on the bottom.

By Relmor Demitrius

Sirius XM could be selling content rights.  As has been reported on this site for months, Liberty Media and Sirius XM are in plans to provide satellite radio on an international scale.  Liberty will need content.  Sirius XM has plenty of content, satellite radio expertise, and deals with every major car maker.  They have contacts within music and radio, and have compatible technology with Liberty Media’s recently acquired World Space Assets (OTC:WRSPQ).  So this explanation might make sense too.
Sirius XM could sell assets.  This is possible, but I would begin to wonder what assets exactly, and what is the wisdom in doing this.  Not even sure this is a viable explanation, but it is within the realm of the facts presented.
There are other possible explanations, but the first two are the most reasonable.  Since I wouldn’t expect all these cash obligations to be paid out at the exact end of the year, and it is already March, I would expect something of this to come within a short period of time.  It could be days, or it could be months.  Not sure, but as the numbers are suggesting, something is definitely in the works.

http://www.kingofalltrades.com/2010/03/03/1728.html