Infinity in the agreement between XM and Sirius will be free and share is approximately $ 13 million approximately. Included in this cost about U.S. $ 1.6 billion in net financial obligations. According to the combined shareholders receive continuous exchange 4.6 shares of Sirius XM each of the ordinary shares of PT already owns. This means that shareholders of the company and both companies will have about 50%.
Also, the committee will receive 12 of the four independent directors, both Sirius and XM subscribers will be decided and representatives from American Honda and GM. As you may recall, the company co-manage a "dream team". The individual. Arenas for the table experience in electronic media technology, engineering and OEM radio.
Although XM and Sirius are independent companies after the merger details are resolved with a new name and location. As a result of the merger, 14 million customers a combination of services. This means that for the future of innovation, Sirius and XM to create a solid platform for the construction.
Consumers can choose the channel you want and sex is a big advantage. This means that consumers can buy cards that are not heard before. Yarn, commercial music, entertainment news, sports and talk is only expected strong corporate mergers. Having the opportunity to listen to music 24 / 7, 365 days a year ends.
Revenue from XM and Sirius merger the new company to provide consumers with a low price for the merger, while the system is easy to have multiple functions. For this type of company can still compete in key markets. Then, your partner for retail sales, the combination is good news. This means that retailers can provide more content for the knowledge and competitiveness. For example, Radio Shack and buy now is better able to steer consumers to lower prices, but most options.
Finally, the XM and Sirius satellite radio is a strong entity Arena is delighted to see it prosper and finances. With the possibility of lower prices, but offer clients that the only way to get from the financial perspective. As you can see this is a successful combination.
by Bob Maines
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