Malone Tries To Take Control Of Sirius (SIRI) – ValueWalk Premium

Malone Tries To Take Control Of Sirius (SIRI)

John Malone is redoubling his efforts to take control of the board of Sirius XM Radio Inc (NASDAQ:SIRI). The veteran investor and Liberty Media Corp (NASDAQ:LMCA), (NASDAQ:LMCB) head needs to get approval from the Federal Communications Commission in order to complete the deal.

Liberty currently ownership converts to about a 40% share in Sirius but made an agreement not to take control of the company's board of directors. That deal has now expired and Liberty is hunting after control of the . . .

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