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XM Gets DOJ Request For Sirius Merger Info
Sectors:Media
XM Satellite Radio Holdings [XMSR
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] and Sirius Satellite Radio [SIRI
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] said on Thursday they received a request from the U.S. Department of Justice for additional information regarding their proposed merger.
U.S. antitrust authorities issue such a request if an initial review turns up potential antitrust problems. It requires the companies to turn up large amounts of information and is followed by a more in-depth investigation.
A spokeswoman for the Justice Department was not immediately available for comment. However, the department typically does not comment on merger investigations.
Copyright 2009 Reuters. Click for restrictions.
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