Monday, March 24, 2008

Finally, the Sirius-XM merger is approved

There are plenty more interesting things to write about, such as the ongoing battle against anonymity in the AutoAdmit AK47 case, a similarly related issue with the JuicyCampus.com gossip site, and a tenuously related issue from the 7th Circuit (Chicago Lawyers' Committee for Civil Rights Under Law, Inc. v. Craigslist) where Judge Easterbrook said (in so many words) that the posters can subject themselves to certain liabilities. While this is all well and good for an article about the internet and anonymous posting, I just wanted to make a comment about the Sirius-XM merger that has finally been given the green light.

One of my January 2007 comments (#5) suggested that Sirius and XM should merge. A little more than a month later, my wish came true. Although tangled up in antitrust land for a while, the DOJ finally cleared the way for what Jim Cramer and I both agree is a good thing: The merger has nothing but upside. And low and behold, the powers that be agree. See XM-Sirius Merger Approved and XM-Sirius Shares Surge on Antitrust Clearance. While I'm sure there is more litigation to emerge (and hopefully not), I was glad to see this headline come across the AP wire.

In the meantime, there are other interesting things to write about, and hopefully this week lends itself to that.


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