Article: XM Satellite Radio Announces Strategic Investment in WorldSpace.

WASHINGTON, July 19 /PRNewswire-FirstCall/ -- XM Satellite Radio , the nation's leading satellite radio company with more than 4.4 million subscribers, today announced that it has made a strategic investment of $25 million in the common stock of WorldSpace, Inc., a leading satellite radio provider for Asia, Europe, the Middle East and Africa.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO )

In connection with the investment, XM will cooperate with WorldSpace to develop satellite radio products, technology and distribution and supplier networks. In addition, XM will have warrants to acquire $37.5 million in additional WorldSpace stock ...

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