http://beatcrave.com/2009-02-11/sirius-bankruptcy/ Music News Interviews Reviews Concerts & MP3s Fri, 10 Feb 2012 00:55:22 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://beatcrave.com/2009-02-11/sirius-bankruptcy/comment-page-1/#comment-4876 Pioneer Satellite Receiver: GEX-P920XM XM Thu, 02 Apr 2009 20:28:20 +0000 http://beatcrave.com/?p=10426#comment-4876 [...] Bankruptcy Close for Sirius Radio (beatcrave.com) [...] [...] Bankruptcy Close for Sirius Radio (beatcrave.com) [...]

]]> http://beatcrave.com/2009-02-11/sirius-bankruptcy/comment-page-1/#comment-3169 Liberty Saves Sirius XM From Bankruptcy | BeatCrave - Music Blog, MP3 Downloads, Videos, News, Giveaways Wed, 18 Feb 2009 02:01:17 +0000 http://beatcrave.com/?p=10426#comment-3169 [...] We reported last week that Sirius XM was neck deep in debt, trading at 8 cents a share and dangerously close to bankruptcy. The current agreement is that Liberty will give $280 million to Sirius XM, to pay for a $171.6 million debt, and then provide another $250 million to XM Satellite Radio. In return, Liberty gets 12.5 million shares of Sirius XM stock, which is 40 percent of the company. [...] [...] We reported last week that Sirius XM was neck deep in debt, trading at 8 cents a share and dangerously close to bankruptcy. The current agreement is that Liberty will give $280 million to Sirius XM, to pay for a $171.6 million debt, and then provide another $250 million to XM Satellite Radio. In return, Liberty gets 12.5 million shares of Sirius XM stock, which is 40 percent of the company. [...]

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