Jul 28 2008
Sirius XM Merger Approved - 158 Days Of Whining Ends
Sirius and XM radio have finally gotten the regulatory approve to abuse it’s customers with monopolistic monthly rates and shaft their artist with price pressure. Way to go. Now Cramer doesn’t have to get two cars to listen to Howard Stern (Sirius) and Major League Baseball (XM).
Cramer did admit that the length of the delay did destroy a big chunk of both companies’ value. But the chance to convince America to pay for something that was once free? Priceless.
