InvestorsHub Logo
Followers 14
Posts 1460
Boards Moderated 0
Alias Born 01/03/2004

Re: None

Thursday, 01/06/2011 1:49:02 AM

Thursday, January 06, 2011 1:49:02 AM

Post# of 4759
After March 6, 2012 Malone-Liberty can do whatever they want with regards to purchases of Sirius XM. Plus, the Sirius XM shareholder rights plan also expires (another key) opening Sirius XM up to a possible takeover by just about anybody. However, with Liberty already holding 40% I doubt anyone else will make an attempt.

It might be that Liberty's stake in Sirius will split-off into a new company (WRSPQ) after August 1, 2011 and a merger of Sirius XM into that company.
It makes the most sense on all sides, while allowing Liberty to do just about whatever they wish without any taxable event. (another key incentive to not rush)

Adjö

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.