SIRIUS CEO HOPEFUL OF FCC DECISION BY END OF MARCH
[SOURCE: Reuters, AUTHOR: Jessica Hall]
Mel Karmazin, the chief executive of Sirius Satellite Radio, said on Wednesday he hoped U.S. regulators would rule by the end of March on the proposed merger of Sirius and XM Satellite Radio. That time frame could change, Karmazin cautioned, since regulatory approval of the proposed $4.2 billion merger of the two satellite radio companies had taken longer than initially expected. The companies had hoped regulators would sign off on the deal by the end of 2007.
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