The XM-Sirius Deal May Not Fly

The combination needs approval from the FCC. But the commission's chairman is skepticaland the regulatory body has rejected similar deals

The long dance that led XM Satellite Radio and Sirius Satellite Radio to agree to what's being termed a $13 billion "merger of equals" announced Feb. 19 may have been the easy part. Now the two companies need the Federal Communications Commission to go along. And that might very well be even tougher than reaching an agreement on how to combine the two long-standing rivals.

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