Sirius/XM Merger Offer Announced

As reported here yesterday, Sirius has made a $4.6 billion offer to buy XM Radio. Source: Yahoo!

Sirius/XM Merger Starts To Take Shape

A New York Post article today discusses the potential Sirius and XM satellite radio merger. It is an apparent given that the two companies see the merger as the only business decision to consider, but antitrust issues are the problem. With the recent party shift in Washington, the FCC may not be friendly to the two competitors merging into one monopoly on extraterrestrial radio service. As the two companies' lawyers iron out the terms of the business deal, the NYP reports, the effort is to "frame the discussion around the deal itself and not regulatory concerns."