Sirius XM Saved From Bankruptcy By Liberty Media

Talk about cutting it close. Just as many pundits were expecting the recently united Sirius XM to file for bankruptcy today as it stared down a huge loan payment, John Malone’s Liberty Media has swooped in to save the day. The company, which just so happens to be the parent of DirecTV, has signed a last minute agreement that will prevent the satellite radio company from having to file for Chapter 11.As part of the deal, Liberty’s chairman (John Malone; pictured) and chief executive (Greg Maffei) are expected

This entry was posted in Uncategorized by . Bookmark the permalink.

Leave a Reply