FCC approves XM-Sirius satellite radio merger
Saturday, July 26th, 2008By JOHN DUNBAR Associated Press Writer WASHINGTON (AP) -- Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry. Federal regulators formally approved ...