FCC formally opens XM-Sirius merger review

FCC FORMALLY OPENS XM-SIRIUS MERGER REVIEW
[SOURCE: Reuters]
The Federal Communications Commission on Friday took a step forward in reviewing Sirius Satellite Radio's proposed acquisition of XM Satellite Radio Holdings. The Commission said it formally opened its review of the deal for public comment, a move that starts a 180-day review clock. The FCC has a 180-day target for completing merger reviews, although the target is not binding and the agency sometimes takes longer to evaluate major transactions.
http://today.reuters.com/news/newsArticle.aspx?type=industryNews&storyID=2007-06-08T231219Z_01_N08416903_RTRIDST_0_INDUSTRY-XM-SIRIUS-DC.XML

* FCC Begins Review of Sirius Purchase of XM Satellite
http://www.bloomberg.com/apps/news?pid=20601204&sid=aiddDZdqJiRk&refer=technology

* FCC Docket -- Public comment due July 9; reply comments due July 24
http://hraunfoss.fcc.gov/edocs_public/attachmatch/DA-07-2417A1.doc

* Public can comment on proposed XM-Sirius deal
http://www.usatoday.com/printedition/money/20070611/2b_story11.art.htm