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left > FCC Chief Recommends Approval of XM / Sirius Merger seperator Options V right
post Jun 17 2008, 12:33 AM
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The chairman of the FCC is recommending approval of the $5 billion merger between the XM & Sirius in exchange for 24 channels of noncommercial and minority programming & locking in fees for 3 years. This recommendation sets the stage for a final vote which could occur any time now though there is still no clear indication on how the vote will go.

Source: http://www.nytimes.com/aponline/business/A...rss&oref=slogin
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