Article taken from
Land Line Magazine
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">January 16, 2007
XM/Sirius merger talks prompt stock upgrades
Stock analysts with some of the nation's top investment firms are altering their ratings of XM Satellite Radio and Sirius Satellite Radio stock on speculation that the two companies may merge.
According to Forbes, analysts at JP Morgan and Bank of America made adjustments Tuesday one upward, and one downward.
Although there was no confirmation of a merger as of press time on Jan. 16, XM's management publicly endorsed a possible merger last week.
Top officials at Sirius have been talking about a merger for months.
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">January 19, 2007
FCC head disparages satellite merger talks
The head of the Federal Communications Commission says XM and Sirius can't merge, because their licenses specifically prohibit the two satellite radio companies from joining together.
However, some industry experts are saying that the licenses can be modified.
Sirius officials have been talking merger for months, and recently, an XM official expressed possible interest.
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