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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 »

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    • Sirius XM: Karmazin Says RMT Could Take 6 Months

      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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      By Crunching Numbers:As most investors in Sirius XM (SIRI) know, Liberty Media (LMCA) is in the process of trying to take control of Sirius XM.

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      By Crunching Numbers:On Sept. 12, Sirius XM Radio (SIRI) CEO Mel Karmazin and Liberty Media (LMCA) CEO Greg Maffei both spoke at the Bank of America Merrill Lynch Media, Communications, and Entertainment Conference. Those investors looking for more clarity may have come away somewhat disappointed.

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      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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      By Cris Frangold: After being dormant for several weeks, the Liberty Media (LMCA)/Sirius XM Radio (SIRI) soap opera is heating up again.

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      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).

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      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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