Milestones
The following milestones have been set during and after the merger:
Date | Event | Comments |
---|---|---|
February 2007 | Execute definitive agreement | |
March 2007 | File FCC application | |
June 2007 | FCC places application on "Public Notice" (DA 07-2417) | Comments/Petitions due July 11, 2007; Responses/Oppositions due July 24, 2007 |
November 2007 | SIRIUS/XM shareholder votes | Announced October 4, 2007, and voted upon on November 13, 2007. 96% of Sirus shareholders approved the merger, and 99.8% of XMSR shareholders also approved. |
March 2008 | Receive regulatory approvals | On March 24, 2008, the U.S. Department of Justice ended its investigation of the merger (i.e., decided against blocking the deal). |
July 2008 | Receive FCC approval | On July 25, 2008, the FCC approved the merger voting 3-2 down party lines. |
July 2008 | Merger Completed | XM stock trading ceases July 28, 2008. Sirius XM Radio, Inc. becomes the name of the merged corporation. |
November 2008 | Programming merged | |
March 2009 | MiRGE released | The first satellite radio receiver to play both Sirius and XM audio is available for purchase. |
December 2010 | Alaska & Hawaii expansion | Receives FCC approval to add service to the two states, thus giving Sirius XM coverage in all 50 states. |
April 2013 | MySXM debuts | A personalized interactive online radio experience. |
Read more about this topic: Sirius XM Radio