rumors: February 2009 Archives

XM Sirius preparing bankruptcy filing

| | Comments (0) | TrackBacks (0)

Subscription radio company XM Sirius is preparing a bankruptcy filing amid rumors the company may be sold in full to EchoStar, which is responsible for much of XM Sirius' debt. The satellite radio player has been battling its debt load and a low stock value for many months. Analysts have been angling for an EchoStar buyout to preserve the core business.

(Full disclosure: this author is a longtime XM subscriber and fan.)


Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Archive

This page is a archive of entries in the rumors category from February 2009.

rumors: January 2009 is the previous archive.

rumors: May 2009 is the next archive.

Find recent content on the main index or look in the archives to find all content.