Sirius embryonic growth...
It is official, the FCC approved the acquisition of XM Satellite Radio Holdings Inc. (XM) by Sirius Satellite Radio Inc. (Sirius). I for one am happy, relieved and a bit confused as to why it took so long. Sometimes I believe our government spends far too much time on matters other organizations could take care of and resolve. For example, while Congress is holding cases about steroids, and presidential nominees are running around as though they election has already been won; we have a credit crisis on our hands, large financial institutions folding, and other countries (primarily India and China) on their way to surpassing us in technology and medicine in the next 10 - 15 years. Oops...I digress... Many of you know that I have been a lifetime Sirius subscriber for several years now (glad I locked in my lifetime subscription before the acquisition...lol). Both companies have been experiencing severe losses annually since their inception into the entertainment industry. I think that thi...