XM and Sirius shareholders give their blessings to the union

And now, a story so monumental, that TWICE felt compelled to run two different headlines!

TWICE: Sirius Shareholders Approve Merger

Sirius Satellite Radio today announced its stockholders approved the pending merger with XM Satellite Radio with more than 96 percent of the shares voting in favor of the transaction. The vote was held at a special shareholders meeting today.

TWICE: XM Shareholders OK Merger

XM Satellite Radio shareholders joined their cousins at Sirius Satellite Radio today by giving their approval of the proposed merger of the two companies.
The stockholders voted overwhelmingly in favor of the move, with in excess of 99 percent voting to OK the merger during a special shareholder meeting held this afternoon. Sirius shareholders voted earlier today, with 96 percent giving their approval.

Notwithstanding the spam comments I will get in my inbox from paid astroturfers in the employ of the National Association of Broadcasters, this is a banner day for Satellite Radio.

On the other hand, this merger is going to be a wee hassle for consumers, owing to the need to transition to new hardware, not to mention a hassle for hardware manufacturers.

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