|Day Low/High||27.98 / 28.24|
|52 Wk Low/High||22.37 / 29.77|
Sirius XM Radio has narrowed differences in talks with satellite mogul Charles Ergen over a deal to save the company from a bankruptcy filing, a report says.
Sirius XM is reported to be in talks with DirecTV's parent company for financing in order to stave off both bankruptcy and a bid from Charles Ergen and EchoStar.
The company will spin off much of Liberty Entertainment, which holds a majority stake in DIRECTV.
Until this company simplifies its corporate structure and explains the extent of its currency exposure, investors should follow John Malone's lead and stay away.
The resolution allows IAC to spin off its divisions into five public companies.
IAC/Interactive CEO Barry Diller says its board is moving ahead with plans to break up the company.
The ruling is a blow to Liberty Media's efforts to remove Diller from the board.
Each of the units could have problems as independent entities, analysts say.
Wachovia's wants; Banking for the collective good; over-Zell-ous listening; Diller plays both sides; Disney's secret sauce.
It ain't Eddie Buffett; Barry Dithers; DJI keeps giving; breakfast at Starbucks; Yahoo! for Old Media.
Talk is that John Malone's firm will swap its IAC stake to build a home-shopping juggernaut.
Shares of the media concern's tracking company slide as results fail to impress.
Cross-ownership of papers and TV stations has failed to yield big gains, as the Tribune case shows.
IDT shares jump after the company agrees to sell its entertainment division to Liberty Media.
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