why that was nice

Should i start using crystal meth?

  • Sure...its not that bad...

    Votes: 93 62.0%
  • Just say no!

    Votes: 57 38.0%

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you comments have nthing to do with my thread. Please get out.
Im sososososososos MADSKLFHkjfds;ljfhl;gjadshg;lkjadshf1239[4ur98gysack;lmnvf~!
Do any of you think that after the merger they will have a station dedicated to Faulkton's ignorances -- cause faulkton has a lot of the ignorances

(Better?)

 
SIRIUS and XM to Combine in $13 Billion Merger of Equals

Provides Consumers with Enhanced Content, Greater Choices and Accelerated Technological Innovation

Enables Satellite Radio to Better Compete in Rapidly Evolving Audio Entertainment Industry

Extraordinary Value Creation for Shareholders

Mel Karmazin to Serve as Chief Executive Officer and Gary Parsons to Serve as Chairman of Combined Company

WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM Satellite Radio (NASDAQ: XMSR) and SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion.

Under the terms of the agreement, XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own. XM and SIRIUS shareholders will each own approximately 50 percent of the combined company.

Mel Karmazin, currently Chief Executive Officer of SIRIUS, will become Chief Executive Officer of the combined company and Gary Parsons, currently Chairman of XM, will become Chairman of the combined company. The new company's board of directors will consist of 12 directors, including Messrs. Karmazin and Parsons, four independent members designated by each company, as well as one representative from each of General Motors and American Honda. Hugh Panero, the Chief Executive Officer of XM, will continue in his current role until the anticipated close of the merger.

The combined company will benefit from a highly experienced management team from both companies with extensive industry knowledge in radio, media, consumer electronics, OEM engineering and technology. Further management appointments will be announced prior to closing. The companies will continue to operate independently until the transaction is completed and will work together to determine the combined company's corporate name and headquarters location prior to closing.

The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts' consensus estimates. Today the companies have approximately 14 million combined subscribers. Together, SIRIUS and XM will create a stronger platform for future innovation within the audio entertainment industry and will provide significant benefits to all constituencies, including:

http://xmradio.mediaroom.com/index.php?s=press_releases&item=1423

 
atellite radio giants XM and Sirius have reached an agreement to merge in an all stock deal, it was announced today.

The new company, which does not yet have a name, will be worth $13 billion including debt of almost $1.6 billion dollars. XM shareholders will receive 4.6 shares of Sirius common stock for each share of XM they own.

Rappers like Eminem, Grandmaster Flash, 50 Cent and DJ Premier have channels or shows on Sirius, while XM has deals with rappers like Ludacris, Snoop Dogg, Talib Kweli, Trick Daddy, Jermaine Dupri and others.

Under the new deal, XM and Sirius shareholders will each own approximately half of the combined company, which will be headed by Sirius' current CEO, Mel Karmazin.

"This combination is the next logical step in the evolution of audio entertainment," said Karmazin, CEO of Sirius Satellite Radio. "Together, our best-in-class management team and programming content will create unprecedented choice for consumers, while creating long-term value for shareholders of both companies. The combined company will be positioned to capitalize on Sirius' and XM's complementary distribution and licensing agreements to enhance availability of satellite radios, offer expanded content to subscribers, drive increased advertising revenue and reduce expenses."

XM and Sirius will continue to operate independently until the transaction is complete. Both companies will decide the new company's name and primary business location.

The merger still faces antitrust scrutiny from the Department of Justice.

Also, a clause in the FCC laws state that one satellite radio operator cannot own the other is expected to be a hurdle.

I guess thats what eugenics was talking about

Analysts say the proposed merger has a 50/50 chance of passing and that the merger is likely to be opposed by the National Association of Broadcasters.

If approved, the companies expect the transaction to be completed by the end of 2007.

Its funny cuz last week when i was listening to Howard stern talk about how sirius was better than XM, I wondered if they would ever merge.

 
LONDON (AP) -- Prime Minister Tony Blair will announce on Wednesday a new timetable for the withdrawal of British troops from Iraq, with 1,500 to return home in several weeks, British media reported.

Blair will also tell the House of Commons during his regular weekly appearance before it that a total of about 3,000 British soldiers will have left southern Iraq by the end of 2007, if the security there is sufficient, the British Broadcasting Corp. and The Sun newspaper said, quoting government officials who weren't further identified.

The BBC said Blair was not expected to say when the rest of Britain's forces would leave Iraq. Currently, Britain has about 7,100 soldiers there.

The announcement comes as President Bush implements an increase of 21,000 more troops for Iraq, but while some of the other coalition partners are pulling out: The Italians and Slovaks have left, and the Danes and the South Koreans want to start withdrawing.

Blair and Bush talked by secure video link Tuesday morning, and Bush views Britain's troop cutbacks as "a sign of success" in Iraq, said U.S. National Security Council spokesman Gordon Johndroe.

"While the United Kingdom is maintaining a robust force in southern Iraq, we're pleased that conditions in Basra have improved sufficiently that they are able to transition more control to the Iraqis," Johndroe said in Washington.

Britain has long been the most important coalition member in Iraq after the United States. But Blair knows the British public and politicians from his own Labour Party want the troops out as quickly as possible, and don't want to see Britain stick with the United States in Iraq for the long haul.

Militarily, a British withdrawal isn't likely to have much effect on the stepped-up U.S. operation in Baghdad or the war with the Sunnis in Anbar province west of the Iraqi capital. However, Iraqi forces could have a tough time maintaining security in mostly Shiite southern Iraq, including Basra city.

Blair's Downing Street office refused to comment on the report, which also said Blair would tell the Commons that if the situation worsens on the ground on Iraq, his new game plan could change.

A British government official confirmed that Blair would make a statement to the Commons on Wednesday on the status of British forces in Iraq. The official spoke to The Associated Press on condition of anonymity because he was not authorized to discuss the matter.

Johndroe said that "the United States shares the same goal of turning responsibility over to the Iraqi Security Forces and reducing the number of American troops in Iraq. ... President Bush sees this as a sign of success and what is possible for us once we help the Iraqis deal with the sectarian violence in Baghdad."

"We want to bring our troops homes as well," Johndroe said. "It's the model we want to emulate, to turn over more responsibilities to Iraqis and bring our troops home. That's the goal and always has been."

At a news conference in Brussels on Jan. 15, U.S. Defense Secretary Robert Gates said he was not bothered that Britain was "planning a drawdown at some point this year in their forces in the south."

He said Basra's security situation was much different than Baghdad's.

Currently, according to the Brookings Institution, besides Britain, the major partners in the coalition include South Korea (2,300 troops), Poland (900), Australia and Georgia (both 800), Romania (600) and Denmark (460).

Some say there is little point in boosting forces in the largely Shiite south of Iraq, where most non-U.S. coalition troops are concentrated. Yet as more countries draw down or pull out, it could create a security vacuum if radical Shiite cleric Muqtada al-Sadr stirs up trouble there.

Blair, who has said he will step down as prime minister by September after a decade in power, has seen his foreign-policy record overshadowed by his role as Bush's leading ally in the unpopular war.

Last month, Blair said he would report to lawmakers on his future strategy in Iraq following the completion of Operation Sinbad, a joint British and Iraqi mission targeting police corruption and militia influence in Basra. The operation was completed Sunday, and Blair's spokesman called it a success.

Treasury chief Gordon Brown, who is likely to succeed Blair, has said he hoped several thousand British soldiers would be withdrawn by December

In November, Defense Secretary Des Browne said he believed the number of British troops based in Iraq would be "significantly lower by a matter of thousands" by the end of 2007.

© 2007 The Associated Press. All rights reserved.
http://hosted.ap.org/dynamic/stories/B/BRITAIN_IRAQ?SITE=PAREA&SECTION=HOME&TEMPLATE=DEFAULT

Z0mg!1!@!! Save are colishon of teh willing?1?!

Thank you Mr. Bush you are a my hero.

 
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