The Media Has Difficulty Realizing the Liberty Deal Is Not Bad for Sirius
Brandon Matthews submits:
By Brandon Matthews
It was just six months ago on February 17,2009 that Liberty Capital’s (LCAPA) John Malone stepped up and threw Sirius XM Radio (SIRI) a lifeline. Critics of the Satellite Radio provider quickly pointed at the increased interest rate of 15% that Sirius XM Radio would be paying out to Liberty, as they painted a picture of an outstanding deal on Liberty Capital’s part that came at the expense of Sirius XM.
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