Posts Tagged: "Sirius XM bailout loan"

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Sirius XM Gets A Half A Billion Bailout Loan

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Recently announced, Sirius XM is to receive a bailout loan from Liberty Media for 530 million dollars. Liberty Media is the parent company of Direct TV and expects a 15% interest rate in 3.5 years time. At the present, Sirius XM has about 20 million customers and clears...