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FCC Aproves Sirius-XM Merger

This has been a long time coming but finally the FCC has finally approved the merger of Sirius Satellite Radio with XM Satellite Radio . The combined entity is pretty much a monopoly in the satellite radio space but they are still competing with terrestrial radio. Either way, their stocks, NASDAQ:SIRI and NASDAQ:XMSR should get a good boost on Monday. Yahoo! Finance Quote for SIRI Quote for XMSR