Or, is it the other way around, or have I been misinformed altogether? If that is the case, which stock would be better to buy. The company being bought out, or the company buying out the other. What happens to the stock of the company being bought out?
2006-12-26 13:16:15 · 6 answers · asked by Rock Skull 2 in Business & Finance ➔ Investing
I think it is a really good possibility that there may be a merger or buyout. Everybody is talking about a merger, I think the CEO's must know that it is a good thing. There is pressure from all over for them to merge. If there is a merger both stocks would shoot up high. If there is a buyout, the buyer would shoot up, but the buyee would shoot up even more.
2006-12-26 13:59:45 · answer #1 · answered by RockiesFan 2 · 0⤊ 0⤋
Sirius is more likely to buy XM because it is the larger company (market cap). Merger and buyout talk is just rumors for now. Mel Karmazin the Sirius CEO has stated he would be interested in buying XM.
Analyst has said that if Sirius merges or buys XM Sirius stock price could be around $8 per share.
If a merger or buyout was to happen it may be tough because of regulatory monopoly issues.
I personally think XM wont exist as it does today and will get bought out by Apple or someone like that.
XM is getting killed by Sirius at the retail level.
2006-12-27 08:06:24 · answer #2 · answered by mathsociety 2 · 0⤊ 0⤋
I haven't heard about any buyouts. XM would be better able to buy Sirius than vice versa.
I would avoid buying stock in either of these. Most of the people who are willing to pay for satelite radio have probably already done so. So far I believe both of them lose money.
Today I bought EEB and FXI. That is were the action is in the BRIC stocks (Brazil, Russia, India and China). EEB is an exchange traded BRIC fund. FXI is a Chinese ETF. Both went up after I bought them this morning. Friday I dumped my domestic midcaps index fund, my large cap index fund and QQQQ, the NASDAQ 100 index fund.
Today I'm mostly in the emerging market funds, especially EEB.
2006-12-26 14:17:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The head of Sirius, Mel Karmazin, has said, more than once, that he'd like to see or consider a merger. Mel's interest is primarily Mel's wallet. Usually the company being acquired sees the greater run up in price.
2006-12-26 13:45:38 · answer #4 · answered by Carlos R 5 · 0⤊ 0⤋
you're able to call XM and ask. XM and Sirius have merged and are one company now, however the kit could nonetheless artwork of distinctive indicators. call XM and ask otheriwse you're able to be able to could purchase yet another provider for XM in case you have Siruis or vice versa
2016-10-28 10:40:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋
sirius will never be able to buy xm. xm will be profitable before they will. in fact, sirius was just named worst stock for 2007.
2006-12-27 13:04:21 · answer #6 · answered by penny 3 · 0⤊ 0⤋