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Forums » FCC's Martin Feigns Consumer Advocacy in XM/Sirius Deal » Well I guess
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nixen
Rockin' the Boxen
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join:2002-10-04
Alexandria, VA
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reply to n2jtx
Re: Well I guess

said by n2jtx See Profile :

They both agreed at the time their licenses were issued that neither provider would try to acquire the other. That agreement is still in force unless they are now claiming it was just a joke.
Technically, neither is trying to acquire the other: it's a "merger of equals". Acquisition implies that one owns a controlling stake of the other. Merger of equals implies that neither owns a controlling stake of the other.

-tom
--
"Experience should teach us to be most on our guard to protect liberty when the government's purposes are beneficial. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding." -Louis D Brandeis
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