Thursday Clear Channel Communications shareholders voted to approve the company's sale to a group of private equity investors, led by Bain Capital and Thomas H. Lee Partners. Friday the company said a quick tally of votes indicated that 97 percent of the shares voted were in favor of the transaction.    Read More

There are still some loud voices of dissent; Commissioner Jonathan Adelstein is concerned about the merged company having too much power. He pointed out that XM-Sirius would have "more spectrum than AM and FM combined."   Read More

The details haven't been announced but Drudge is reporting that the deal goes through 2016 and is worth more than $400 million dollars. I've spoken to a number of record industry insiders, and though no one would confirm those exact numbers, they all said that the high figure make sense.    Read More

XM and Sirius Satellite radio--the nation's only two satellite radio operators--have cleared a major hurdle: FCC Chair Kevin Martin recommended approval of their merger. This puts them one step closer to the deal that's now valued at roughly $7.5 billion dollars, based on recent stock prices.   Read More

If the banks let this deal collapse, they should prepare to be sued from here to eternity. And rightfully so, Cramer says.   Read More

It might have seemed like a boring day in the stock market, but there was plenty of action including late-breaking news on Clear Channel, the pre-earnings Oracle trade and more.   Read More

The DoJ's approval of XM-Sirius was a long time coming, Dennis Kneale says. Now it's up to the FCC.   Read More

Even if the market comes back, do not expect the terrestrial radio companies to follow suit. Here's why.   Read More

He’s been the merger’s staunchest opponent. Now the Democrat from Texas explains his position to Cramer.   Read More

The Mad Money host calls out the members of Congress who are blocking the XM-Sirius merger from going through.   Read More