View Full Version : Merger News In June???


Miller
05-23-2008, 11:18 AM
I got this as a news alert. How long can this crap go on?


By Fawn Johnson

Of DOW JONES NEWSWIRES


WASHINGTON (Dow Jones)--Federal Communications Commission Chairman Kevin Martin said Friday the commission could rule on the proposed merger between XM Satellite Radio Holdings Inc. (XMSR) and Sirius Satellite Radio Inc. (SIRI) before June 30.

"I still think the commission could act by the end of the second quarter," Martin said at a press conference.

Earlier this year, Martin had asked his staff to compile a report on the various conditions the FCC could impose on the proposed merger. On Friday, Martin said the staff has done what he asked, but he declined to comment on their recommendations but said the proposal hasn't been circulated to the four other commissioners, Martin said.

The FCC won't consider the merger proposal at its June 12 meeting, Martin said, meaning the ruling could be delayed until July unless the commissioners agree to vote on the merger proposal before then without a public meeting.

The Justice Department cleared the merger proposal with no conditions in March.

-By Fawn Johnson, Dow Jones Newswires; 202-862-9263; fawn.johnson@dowjones.com

rozman
05-23-2008, 02:54 PM
I remember hearing that a decision would made around the first quarter.
Now we're into the second and still it goes on....what bullshit.

emtfromny2
05-23-2008, 08:21 PM
I remember hearing that a decision would made around the first quarter.
Now we're into the second and still it goes on....what bullshit. Its crazy. Every month we hear next month, next quarter...its all bullshit. I hope Mel sues the fuck out of Kevin Martin.

Roundhead
05-24-2008, 03:53 AM
They are busy figuring out how to kill Obama in Washington right now. After they get that figured out they will worry about the merger

emtfromny2
05-24-2008, 07:01 AM
They are busy figuring out how to kill Obama in Washington right now. After they get that figured out they will worry about the merger The FCC is plotting assassinations?? :scratch:

I just figured in was incompetence and bureaucracy at its worse as usual in DC. :dontknow:

mavsaremyteam
05-26-2008, 10:30 AM
They need to hurry up with this shit