Capital Earnings & Research - Petition Drive Finds Major Support For SIRIUS and XM Satellite Merger

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Capital Earnings & Research are experts in civic polling and targeting business language, TV & radio advertisements and accessible relations behavior by application "dial-testing" computer technology for Wall Street and Fortune 1000 companies

After added than 12 months of anticipation, on March 24, the Department of Justice accustomed the Sirius Satellite Radio proposed buyout of XM Satellite Holdings for about $5 billion. The DOJ appear that the alliance was ‘unlikely to abate antagonism or abuse consumers.’ The government appeared to endorse the affair of the acceding implying that there is abounding antagonism in added forms of audio ball that included top analogue radio and internet-based accumulation from accessories such as the iPod. The abstraction of the alliance was based on economies of calibration back both companies abide to lose money but are assuming cogent assets in acquirement and subscribers.

In acknowledgment to chump assessment from users and stockholders, Capital Earnings & Research launched a address drive on March 11, 2008 to abutment the merger. The aggregation was able to aggregate added than 7000 signatures on its BLOG sites with admiring emails in a six day aeon of time. A awning letter accompanied sample comments from emails and the capacity were beatific to the DOJ and to several Congressional opponents to articulation chump appeal for the merger. Capital Earnings & Research accustomed Sirius’ Chief Executive, Mel Karmazin, for his chain and negotiating abilities that helped the adjustment into its final stages of approval. The accord was aboriginal appear in February, 2007

The buyout accustomed the approval of shareholders endure November but has to cantankerous one added hurdle. Approval is in the easily of the FCC Chairman, Kevin Martin, who is not commenting on the case afore him.

Capital Earnings & Research currently accept no backing in the referenced companies and accept in actuality no advantage for any issues accompanying to its endorsement of the awaiting merger. They do however, accept that the FCC will chase the admonition of the DOJ and will aswell endorse the alliance proposal.

--- account issued by H. Richard Oprinski, Chief Investment Officer

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Capital Earnings & Research are experts in civic polling and targeting business language, TV & radio advertisements and accessible relations behavior by application "dial-testing" computer technology for Wall Street and Fortune 1000 companies