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Replies to post #12051 on Sirius XM Holdings Inc (SIRI)

Replies to #12051 on Sirius XM Holdings Inc (SIRI)
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Rock_nj

05/29/09 11:28 AM

#12054 RE: eastunder #12051

The Poison Pill was probably done on behalf of John Malone and Liberty Media. It's not a particularily good (or bad) thing for us retail longs in SIRI. It protects Malone and Liberty Media from a hostile takeover of Sirius, something they don't want.