Replies to post #57745 on Pinto Beans & Penny Stocks 2020 (BEAN)

[alexindef]

may be fun tomorrow PM

Liberty Media Near Major Stake in Sirius XM, FT Reports

By Bill Koenig

Feb. 16 (Bloomberg) -- Liberty Media Corp. may offer $250 million in a senior secured loan as part of a transaction to rescue Sirius XM Radio Inc. from an imminent debt deadline, the Financial Times reported, citing a person familiar with the discussions it didn’t identify.

The deal offered by Liberty would involve a debt for equity swap and leave Liberty Media with a major stake in Sirius XM.

Last Updated: February 16, 2009 17:14 EST