Testy XM-Sirius Hearings
From the NY Post:
If the terse exchange between Wisconsin Congressman Jim Sensenbrenner and Sirius Satellite Radio CEO Mel Karmazin is any indication, the road to regulatory approval for Sirius' $11.4 billion merger with XM Satellite Radio will be antagonistic and bumpy.
"You're going to be a monopoly!" said Sensenbrenner, a Republican, of the proposed deal.
"We would absolutely not be a monopoly," Karmazin retorted with equal force.
Read the rest here.
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