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Liberty: Stern is safe — for now

Started by staff, February 18, 2009, 12:00:25 AM

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Liberty: Stern is safe â€" for now
      


So after two weeks of following all the twists and turns of Sirius XM’s attempts to avoid bankruptcy, CEO Mel Karmazin decided on John Malone, founder of Liberty Media, to come in as Sirius XM’s white knight with a $530 million loan . The loan will cover the satellite radio provider’s looming debt and help [...]
         

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