Tate ready to approve Sirius Xm Merger but……
Republican commissioner Deborah Taylor Tate is the only FCC member left
to vote on the merger and she is expected to do so shortly, two FCC
officials close to the negotiations said.
She is expected to sign off
on the deal in exchange for a consent decree that resolves several
enforcement issues involving the satellite radio companies and a
combined fine of about $20 million, an FCC source close to the deal
said.
Tate has also asked for a variety of other minor conditions. Exact details about the deal are not known since FCC officials and
lawyers for the companies appear to still be working them out.
Tate’s vote would finally end the 13 + month review of the merger.
Her vote is critical for the approval since the rest of the
five-member board remained evenly split.
I’m thinking we will hear about her vote this week. This is the closest we have been in 13+ months.
It’s time to put this merger to an end. Whatever the outcome is it will be great to finally have an answer from the slow moving FCC.


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