InvestorsHub Logo
Followers 41
Posts 2739
Boards Moderated 0
Alias Born 05/26/2004

Re: None

Thursday, 03/17/2011 12:10:53 PM

Thursday, March 17, 2011 12:10:53 PM

Post# of 4759
Interesting article on Siri and Liberty:
http://seekingalpha.com/article/258562-is-sirius-xm-too-expensive

Here is what caught my attention

"The good news for SIRI holders is that Liberty is stating that it will not sell any of its 40% stake. Here is Liberty Media's CEO at the same conference:

“So our flexibility, I think, increases over time in terms of how we want to do something. We've talked about alternatives, from us buying 50 over 50, us buying control, us doing a spin, us doing a spin-merge. All those are still on the table. I suspect that us selling the stock for cash is probably not on the table, but all the other ones are. And we'll look at the alternatives we have for our capital, we'll look at where we think the business is. We'll look at what the valuation is, we'll look at what we can get done.”"

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.