When will xm stock convert into sirius?

Question

When will xm stock convert into sirius?

Answer 1

I personally would sell what you have before the company goes belly up and the stock won't be worth the paper it is written on. The company is poorly run with massive debt and no hope of ever making a profit due to the combination of high operating expenses and massive debt load. The surviving company what ever it' called won't be around too long.

Answer 2

As soon as the deal actually closes - anytime now. At 4.6 shares of SIRI for every share of XMSR you own. It will be automatic, you don't have to do anything.

-a guy named duh