Monday, March 24, 2008

Let's Get Serious

Sirius plan to buy XM gets antitrust approval

Monday March 24, 5:00 pm ET
By Peter Kaplan and Randall Mikkelsen

WASHINGTON (Reuters) - Sirius Satellite Radio's $4.59 billion purchase of rival XM Satellite Radio was given antitrust clearance on Monday as the Justice Department concluded consumers have many alternatives, including mobile phones and personal audio players.