November 21st, 2008

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SIRIUS, XM SET TO CONFIRM MERGER PLAN TODAY

Satellite radio operators Sirius and XM are expected to announce their long-awaited merger today, according to a source familiar with the deal. The two sides were locked in negotiations over the weekend trying to hammer out a final agreement with an eye toward going public with the merger today in Washington, D.C., where XM is based…

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