The Sirius/Echostar drama took a new turn last night with reports that John Malone
You might want to check IACI insider sales before assuming Liberty is not interested, they are raising million in the last month
Liberty's steady sales of IAC stock, which we have written about, would be happening either way. Liberty wouldn't need to sell IAC shares to raise money to cover a deal with Sirius.
The XM satelites alone are worth as much as the debt and they can ube repurposed. It is a steal for Liberty.
Liberty Media To Offer $250 Million Loan To 'Rescue' Sirius XM………
Wrong again….
This just illustrates how incompetent these analysts are and that they should be banned from commenting publicly on stocks.
You might want to check IACI insider sales before assuming Liberty is not interested, they are raising million in the last month
Liberty's steady sales of IAC stock, which we have written about, would be happening either way. Liberty wouldn't need to sell IAC shares to raise money to cover a deal with Sirius.
The XM satelites alone are worth as much as the debt and they can ube repurposed. It is a steal for Liberty.
Liberty Media To Offer $250 Million Loan To 'Rescue' Sirius XM………
Wrong again….
This just illustrates how incompetent these analysts are and that they should be banned from commenting publicly on stocks.