Thursday, February 12, 2009

Sirius XM Holds Talks With Liberty Media - DealBook Blog - NYTimes.com

A deal between Liberty and Sirius XM could throw a wrench in takeover plans by EchoStar, the television satellite company that has been acquiring Sirius XM’s debt.

The high drama comes at a critical time for Sirius XM, which faces $175 million in debt payments that will come due on Feb. 17. The company is unlikely to be able to meet those obligations.
Sirius XM Holds Talks With Liberty Media - DealBook Blog - NYTimes.com

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