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Posts Tagged ‘ Charles Ergen ’

Liberty (LCAPA) Injects $530 Million into Sirius XM Radio Inc. (SIRI)

Feb 18th, 2009 | By Don Miller | Category: Financial News

Liberty Media Corp. (LCAPA) will acquire two board seats and as much as 40% of Sirius XM Radio Inc. (SIRI) in exchange for $530 million in loans. The deal creates a satellite-media juggernaut combining DirectTV Group Inc. (DTV), the largest satellite-TV provider, and the sole U.S. satellite-radio operator.

Tags: Bankruptcy Filing, Charles Ergen, credit crisis, DISH, Don Miller, DTV, Lcapa, NWS.A, SATS, SIRI, US stocks
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