Update on XMSR/CCU Rumors
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UPDATE: Initial feedback on this morning�s rumor Clear Channel (NYSE: CCU) will make a bid for XM Satellite Radio Holdings Inc (Nasdaq: XMSR). Some say, "Interesting - makes sense" others say, "heard it before, which fund wants out".
The rumor seems to be out everywhere and the stock is currently only 3% higher, so the street is not giving it much credence at this point.
The rumor seems to be out everywhere and the stock is currently only 3% higher, so the street is not giving it much credence at this point.
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