FCC Taking Comments In Liberty/Sirius Battle
As Liberty continues to purchase Sirius XM stock toward gaining control of the company, the FCC is now taking comments regarding the issue, and has set a timeline to move forward. Liberty CEO John Malone (pictured) has not publicly announced what he will do with Sirius once Liberty is in control. And, until that is clear, Sirius XM CEO Mel Karmazin has not committed to returning to the company when his contract expires at the end of 2012.
Anyone interested in filing comments or a petition to deny must do so on or before November 1. Responses to any comments must be filed by November 13, and replies to the responses must be filed by November 20.
The Sirius XM stock hit a 52-week high on Tuesday ($2.68).
Read the FCC Public Notice filed on Tuesday HERE
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