By Income Hunter : Sirius XM ( SIRI ) stock might get a slight bump in value in the next few weeks because John Malone of Liberty Media ( LMCA ) appears to be buying up a lot of it. The Los Angeles Times reported that Malone's company now owns
as they follow every move in the chess game being played out between Sirius' chief executive, Mel Karmazin, and John Malone , the billionaire owner of Liberty Media. Malone staged an unsuccessful and rather weak coup d etat of Sirius XM by
governance structure. The board of directors is elected on a staggered basis, and multiple share classes give media magnate John Malone almost 23% of the combined voting power. Malone has a strong track record with media companies and content distribution
May 9 (Reuters) - John Malone 's Liberty Media said it bought another 60.35 million shares in Sirius XM, raising its stake in the satellite radio company to 46.2 percent.
By Dividend Kings : The Federal Communications Commission (FCC) told John Malone he needs to buy a lot more Sirius XM ( SIRI ) stock if he wants to take over the radio network, Reuters reported . The FCC threw
May 8 (Reuters) - John Malone 's Liberty Media said on Tuesday it has entered into a contract that gives it the option to increase its stake in satellite radio company Sirius XM to 45.2 percent.
(Reuters) - A federal regulator dismissed John Malone 's Liberty Media Corp's application to take control of Sirius XM Radio Inc with its current stake of 40 percent.
May 5 (Reuters) - A federal regulator dismissed John Malone 's Liberty Media Corp's application to take control of Sirius XM Radio Inc with its current stake of 40 percent.
bankrupt under the weight of its debt burden.This is John Malone 's company, and his interests may not be aligned with ..... raise additional debt during a credit crunch. Chairman John Malone is a legend in the cable television industry. He became
May 1 (Reuters) - Sirius XM Radio Inc CEO Mel Karmazin said it was unlikely that John Malone 's Liberty Media Corp, the company's biggest shareholder, would get permission from regulators to take control of Sirius XM with its current 40 percent stake.