Shareholders of both Sirius Satellite Radio and XM Satellite Radio separately approved Sirius' $5 billion acquisition of XM on Tuesday.
Now the companies just need approval from the Department of Justice and the Federal Communications Commission before they can make the deal final.
But approval from these agencies is far from guaranteed. The FCC has been examining the deal very closely. Originally, the agency barred satellite radio companies from combining. But the rule could be changed, especially as satellite radio faces more … Read more