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#11
02-20-2007, 06:19 PM
Hummer Guru
Join Date: Jul 2005
Posts: 4,123
Re: XM and Sirius Merger
Quote:
Originally Posted by BlueHUMMERH2
To create a 50/50 split. So that could mean Sirius has 4.56x more shares I suppose.
No it means that XM's stock is worth more.
As of this morning:
Sirius = $4/share
XM = $15/share
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