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Sirius-XM Merger? Not So Fast, Mel

Via B&C:

Atter months of speculation, the two major satellite radio companies have made it official. XM and Sirius Satellite Radio have announced a planned all-stock merger that they say will create a satellite radio company valued at $13 billion, with debt of $1.6 billion. XM shareholders each get 4.6 shares of Sirius common stock for each share of XM stock. Combined, the companies claim 2006 revenues of $1.5 billion and approximately 14 million subs. Mel Karmazin, CEO of Sirius, will be CEO of the new company.

But, holdonaminute Mel, says, well, everyone, including FCC chairman Kevin Martin:

Martin said yesterday in a statement: “The companies would need to demonstrate that consumers would clearly be better off with both more choice and affordable prices.”

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.