Sirius XM

Sirius Cash Flow Could Aid Liberty For Time Warner Bid

Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB)’s proposed acquisition of Sirius XM Holdings Inc. (NASDAQ:SIRI) could aid in bidding for Time Warner Cable Inc (NYSE:TWC), notes Citi in its recent research report.

Greg Maffei, CEO of Liberty Interactive, recently spoke at Citi’s 24th Annual Global Internet meeting. Jason B. Bazinet and Christopher Lo of Citi summarized the key takeaways in their recent research report.
Liberty intends to make Sirius a wholly owned subsidiary
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