18.2.09

Liberty Saves Sirius XM From Bankruptcy

Liberty Media Corp has agreed to lend $530 million to Sirius XM Radio Inc. in exchange for 40 percent of the satellite radio provider. The deal effectively saved the company from bankruptcy, and sent the value of its shares up 100 percent. Continue reading...

No comments:

 
ss_blog_claim=e1f9e5fd0ea9078168878a791f7c6a58