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    Liberty Media And Sirius XM: Joined At The Hip

    Tue, 06/12/2012 - 07:00 EDT - Seeking Alpha
    • Little Apple
    • LMCA
    • SIRI

    By Little Apple:This week-end I wrote an article about Sirius XM (SIRI), and warned investors that the stock might dip this week if CEO Mel Karmazin sells another chunk of his 'charitable' shares/options. Seeking Alpha member "ses" challenged me to investigate the ownership of Liberty Media (LMCA), which owns 46.2% of the satellite company. Are they institutions, hedge funds, or retail owners? Do some of them own both companies?Sirius is the largest investment that Liberty has, and when its share price is down, it drags Liberty down. I decided to check it out, and I was really surprised with the results over the last five years:To say the two are joined at the hip would be a major understatement. As I said in the other article, I do not think that Liberty is intentionally trying to drive the Sirius XM price down. This would be like literally shooting yourself inComplete Story »

    • Original article
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      By Little Apple:At Wednesday's 2012 Media, Communications and Entertainment Conference in Beverly Hills, there was a lot more light shed on the ongoing takeover of Sirius XM (SIRI) by Liberty Media (LMCA).

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    • I Don't Believe Mel Karmazin Will Leave Sirius XM Radio

      By John Mylant: Satellite radio has had a hard time trying to get Wall Street to side with it. It seems as if it has been a fight to convince the Street that the popularity of satellite radio can also be profitable. Sirius XM (SIRI) may find that boost from the recent move by Liberty Media (LMCA).

    • Sirius: Karmazin Selloff May Spark Panic

      By Stock Croc:Sirius XM (SIRI) CEO Mel Karmazin's behavior seems to be getting weirder by the day. Karmazin has his legal team fighting hard to keep Liberty Media (LMCA) from taking over his company, and he's selling off a large block of Sirius stock at the same time.

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    • Sirius XM: EBITDA Or EBIT Duh

      By Little Apple:There has suddenly been a lot of debate about where the share price of Sirius XM (SIRI) is headed in the next few years, and how to determine a model for it. Articles, comments and chatter on the web range from five dollars to double digits. However there is one thing that almost everyone agrees on: Sirius shares are headed higher. With or without CEO Mel Karmazin, the shares will jump.

    • Sirius XM Would Be Just Fine Without Mel Karmazin

      By Investanomics.com:Sirius (SIRI) investors have been reinvigorated with the possibility of a large investment or even a buyout by Liberty Media (LCAPA). Sirius is in the middle of a turnaround that will drive growth going forward. As good as the large investment by Liberty Media sounds, some shareholders view it as a bad thing.

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