soulxtc
July 23rd, 2008, 10:03 PM
Commissioners at the Federal Communications Commission have reached a tentative deal to approve the proposed merger of Sirius Satellite Radio (http://online.wsj.com/quotes/main.html?type=djn&symbol=siri) Inc. and XM Satellite Radio Holdings (http://online.wsj.com/quotes/main.html?type=djn&symbol=xmsr) Inc., FCC officials said Wednesday.
Commissioner Deborah Taylor Tate is expected to cast the final and deciding vote on the deal shortly, the officials said, after details are resolved on several outstanding enforcement issues. In exchange for her vote, Ms. Tate and FCC Chairman Kevin Martin have been negotiating with the companies to pay upward of $20 million in fines for violations regarding tower locations and power limits, people close to the negotiations said.
http://online.wsj.com/article/SB121683130281477651.html?mod=yahoo_hs&ru=yahoo
"Go Republicans!" :icon_pira
Commissioner Deborah Taylor Tate is expected to cast the final and deciding vote on the deal shortly, the officials said, after details are resolved on several outstanding enforcement issues. In exchange for her vote, Ms. Tate and FCC Chairman Kevin Martin have been negotiating with the companies to pay upward of $20 million in fines for violations regarding tower locations and power limits, people close to the negotiations said.
http://online.wsj.com/article/SB121683130281477651.html?mod=yahoo_hs&ru=yahoo
"Go Republicans!" :icon_pira