9/10 – Liberty Acquires More SiriusXM Shares

John Malone’s Liberty Media bought another 5.5 million shares of SiriusXM Radio last week, inching ever closer to control of the company. The latest buys bring its stake up to about 49.3%. Liberty may soon need to hit the pause button and not go beyond 49.9% as it waits for the FCC to give it permission to move forward and take control of the satellite radio operator, reports Inside Radio.

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