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Article: STRATEGY ANALYTICS: XM Sirius Merger Boosts Automotive Radio Adoption; Cost Reductions Ultimately Benefit Car Buyer.
- Article from:
- M2 Presswire
- Article date:
- March 1, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-1 March 2007-Strategy Analytics, Inc.: STRATEGY ANALYTICS: XM Sirius Merger Boosts Automotive Radio Adoption; Cost Reductions Ultimately Benefit Car Buyer(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:01032007
Boston, MA - The much rumored, recently announced merger between XM and Sirius comes down to just cost reduction, according to Strategy Analytics, in the recent Insight, "XM Sirius Merger: Competition Mounts for HD Radio." The 50-50 merger gives existing shareholders in both XM and Sirius equal stake in the as yet un-named combined company, with 14 Million subscribers.
There are clear synergies between the two companies, both in ...