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Sirius, XM Rise on Approval Chatter
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XM (XMSR Quote) and Sirius (SIRI Quote) climbed Wednesday on speculation that U.S. regulators are very close to granting approval to the merger of the two satellite radio broadcasters.
According to a headline on Briefing.com, the buzz suggested that the Justice Department and the Federal Communications Commission could have a decision tonight. The Web site didn't list any sources for the rumor.
Some merger watchers remain skeptical. ...
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