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Forum List » Guru News and Commentaries Guru News, Stock picks and commentaries  
John Malone of Liberty Media Further Raises Stake in Sirius XM Radio, Nears the Takeover
Posted by: Dheeraj Grover
(IP Logged)
Date: September 13, 2012 10:36AM
Well known Media investor and Liberty Media's Chairman John Malone has further raised its stake in Sirius XM radio, buying 31 million more shares raising the prospect of gaining total control of the company. Malone will have more control and surely will shake up the management to unlock further value out of this media company with great competitive advantage.
Credit and Source: Bloomberg, www.bloomberg.com Here is the video: [bloom.bg]
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