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Reuters: Liberty to loan Sirius $530 million and get 40 percent stake

Started by chris, February 17, 2009, 02:59:13 PM

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chris

Liberty to loan Sirius $530 million and get 40 percent stake
      
   
      


NEW YORK (Reuters) - Liberty Media has agreed to $530 million in loans to Sirius XM Radio Inc, saving the satellite radio provider from possible bankruptcy and giving Liberty a 40 percent equity stake.<div class="feedflare">
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