Liberty Media (LMCA) in Deal for 302M Shares of SiriusXM (SIRI); Would Raise Stake to 45.2%

May 8, 2012 9:13 AM EDT
Bloomberg reporting Liberty Media (Nasdaq: LMCA) is in a pact for 302 million shares of SiriusXM (Nasdaq: SIRI) at forward $2.15 per share. The deal would boost Liberty Media's stake to 45.2 percent.


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