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fAcEtIOUs
Premium
join:2002-03-03
kudos:4

XM/Sirius deal approval guaranteed

News on the deal and the 3-2 Repub-Dem vote in WSJ about 4 PM. So insiders got the leak ahead of time.

The dip before noon was when FCC Commissioner Adelstein voted NO on the merger. And when Repub Commissioner Tate got more concessions and decided to vote yes the stock jumped.

»online.wsj.com/article/SB1216831···news_wsj


Approval news must have leaked early afternoon as both XM & Sirius have jumped over 10% in late afternoon trading.
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NOCMan
MacChatter
Premium
join:2004-09-30
Colorado Springs, CO

I hate it when people pull this crap. The rest of us without access to anything but news feeds get screwed.

Maybe the SEC will nail the asshole.



Dogfather
Premium
join:2007-12-26
Laguna Hills, CA

reply to fAcEtIOUs
Holy crap, took them long enough. What was it, 16 months?


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