XM Satellite
Radio and SIRIUS Satellite Radio today announced
that the companies have agreed not to exercise their rights to terminate the
Merger Agreement until May 1, 2008.

The closing of the pending merger remains subject to satisfaction of all
applicable conditions, including approval from the Department of Justice and
the Federal Communications Commission.

Via http://biz.yahoo.com/prnews/080229/nyf044.html?.v=101

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