Canadian satellite radio companies announce merger
Submit on Wednesday, November 24th, 2010 22:55
Canadian Satellite Radio Holdings Inc. (CSR), parent company of XM Canada, and Sirius Canada Inc. announced they have entered into a definitive agreement to combine the companies in an all-stock merger of equals with a combined enterprise value of approximately C$520 million, which includes long-term debt of approximately C$130 million.
Other Posts:Cartosat-2 pre-launch detailsIndia Approves Communications SatelliteBSkyB’s Sky+ Service Numbers 2 Million SubscribersWhen Considering a Satellite TV ServiceCryoSat-2 installed in launch siloAAS signs initial agreement with GlobalstarSwedish Space Corp. to support Chinese weather satelliteAsia Satellite Telecommunications Holdings Limited interim results H1 2008
This entry was posted on Wednesday, November 24th, 2010 at 10:55 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
