Karmazin Pushes Sirius/XM Merger; Dorgan Pushes Back

KARMAZIN PUSHES SIRIUS/XM MERGER; DORGAN PUSHES BACK
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Sirius CEO Mel Karmazin took to the Washington Times to pitch his company's merger with XM Satellite radio, with an emphasis on their most recent a la carte proposal. Meanwhile, consolidation critic Sen. Byron Dorgan (D-ND) reiterated his strong opposition. In a letter to the FCC and the Justice Department, both of which are vetting the deal, Sen Dorgan said that after a hearing on the merger and receiving responses from the companies to questions he submitted in writing, he remained "deeply opposed to the merger." "I cannot believe that this merger will result in lower prices or increase diversity. And I cannot believe that the public will be better served by this merger," he said, urging both to reject it."
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