All Posts: justice department

Technically, it's Sirius Satellite Radio buying out XM Satellite radio for $5 billion.  The Justice Department anti-trust division okayed the merger this morning, saying it was unlikely to harm consumers.  The deal was approved despite heavy opposition from the NAB and many consumer groups. Shareholders on both sides had approved the deal last November, noting that it would save hundreds of millions in operating costs. The DOJ said the...