WeirdNormalAndy
02-19-2007, 12:00 PM
<span> <p><strong> <font size="2">XM Satellite Radio Holdings Inc. (<a href="javascript:stockSearch('XMSR');">XMSR</a>) and Sirius Satellite Radio Inc. (<a href="javascript:stockSearch('SIRI');">SIRI</a>) have agreed to merge, the two companies said Monday.</font></strong></p> <p><font size="2">The deal would consolidate the only two companies in the emerging business of subscription-only satellite radio, and is sure to face tough scrutiny from federal regulators. Investors and analysts have been speculating about a deal for months.</font></p> <p><font size="2">The two companies said in a statement that <a href="javascript:siteSearch('Mel Karmazin');"><strong>Mel Karmazin</strong></a>, the CEO of <a href="javascript:siteSearch('Sirius');"><strong>Sirius</strong></a>, would become chief executive of the new company while Gary Parsons, the chairman of</font> <a href="javascript:siteSearch('XM');"><strong>XM</strong></a><font size="2">, would remain in that role.</font></p><p> </p><p>Will this affect the Ron and Fez show in any capacity that I need to know about? </p> </span>