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Monday, March 24, 2008

XM-Sirius Deal Approved by DOJ

The deal still has to clear the FCC, but DOJ approval is still very good news. Sirius stock was briefly up to 3.89, then came back down to earth settling in at the 3.20 range. Currently up 9% to 3.16.

Disclosure: I'm a dedicated XM subscriber and have a very small position of Sirius stock.

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