GM Owned XM Radio and Chrysler Sirius Radio announcing they want to merge. This goes almost hand in hand with the stirring news of GM wanting to buy Chrysler.
GM struggling to stay #1 and Chrysler slipping to #4 in the US. I believe the Satelite radio merger is just a precurser to what GM and Chrysler are trying to achieve.
The question, will the government allow the Satelite mergers that will be a monopoly position. Stay tuned for more news out of this topic.
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