If and when are Sirius and XM going to merge to become one?

Question

How much are each of them seperate?

What are some of the perks of each of them?

Answer 1

They are two separate, publically traded companies. When they merge (should be soon, but that's been the question of the week for months now) each XM shareholder will get 4.6 shares of Sirius stock and the XM stock will be retired. The CEO at Sirius (Mel Karmazin) will stay on to run the new company.

Nobody's saying what the new service will be called. The SEC, FCC and FTC all have to agree and the NAB (radio's lobbying arm in DC) is urging against it. So it's kind of a mess, but most in the biz think it will happen.

-a guy named duh

Answer 2

The problem is .  Dish network and Direct tv are trying to merge. both have applied to merge.  Dish and Direct tv were denied,  this has prevented XM/Sirius fro  being approved. I've heard that XM/Sirius  are sister companies already, but have been denied to merge.   It's like Mastercard and Visa, they are one in the same, but was made to split.   I still have a credit card that says Visa/mastercard on it.