FCC Chairman Endorses Sirius, XM Merger

Law360, New York (June 16, 2008, 12:00 AM EDT) -- U.S. Federal Communications Commission Chairman Kevin J. Martin has recommended that the FCC approve a controversial proposed merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc., saying that the companies have agreed to conditions that will help consumers.

Martin will circulate his proposed order approving the merger to the other four commissioners, possibly as early as this week, according to an FCC staff member. The other commissioners may suggest changes before the final vote, which Martin has said might happen as soon as...
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