Sirius faces next challenge in May
Submitted: February 18, 2009 - 7:49pm
Last updated: February 18, 2009 - 7:49pm
Last updated: February 18, 2009 - 7:49pm
Source:
TheDeal.com
Despite this week's help from Liberty Media, Sirius XM still has an overall debt load of $2.3 billion still to worry about. The company has an additional $350 million due in May. Creditors say they would move to fire CEO Mel Karmazin if Sirius entered bankruptcy
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