Eric Savitz (Barron's) submits: FCC Commissioner Jonatthan Adelstein has voted to oppose the proposed merger of XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI), leaving the current tally tied at 2-2, with only Deborah Taylor Tate yet to decide. If she votes yes, the deal goes through. If she votes no, the deal would die. According to Bloomberg, Adelstein said in a statement that the combination would create “a monopoly with window dressing.” Adelstein and Michael Copps, both Democrats, have voted no. Chairman Kevin Martin and Robert McDowell, both Republicans, have voted yes. That leave the decision up to Tate, a Republican. Complete Story » ...
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Eric Savitz (Barron's) submits: FCC Commissioner Jonatthan Adelstein has voted to oppose the proposed merger of XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI), leaving the current tally tied at 2-2, with only Deborah Taylor Tate yet to decide. If she votes yes, the deal goes through. If she votes no, the deal would die. According to Bloomberg, Adelstein said in a statement that the combination would create “a monopoly with window dressing.” Adelstein and Michael Copps, both Democrats, have voted no. Chairman Kevin Martin and Robert McDowell, both Republicans, have voted yes. That leave the decision up to Tate, a Republican. Complete Story » ...